US bank stocks rose on rate hike expectations while bond yields fell on no rate hike expectations. Wall Street doesn’t know what to believe. Dow up 107. (Accessible only for subscribers before 10:15 AEST)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Thermal coal deficit looms; output freeze in oil?; central banks and gold; Moody’s puts major banks on negative outlook.
Wall Street was quiet last night ahead of Janet Yellen’s speech. Dow down 33. (Accessible only for subscribers before 10:15 AEST)
Wall Street slipped back thanks to oil and healthcare last night but volumes and volatility remain low. Dow down 65. (Accessible only for subscribers before 10:15 AEST)
Volatility remains low but once again Wall Street is closing in on all-time highs. Dow up 17. (Accessible only for subscribers before 10:15 AEST)
It looks like we’re in for a dull week on Wall Street as the market awaits Yellen’s speech at week’s end at Jackson Hole. Dow down 23. (Accessible only for subscribers before 10:15 AEST)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Brent surged through the 50 mark last night to provide support for a US market still in lacklustre mode. Dow up 23. (Accessible only for subscribers before 10:15 AEST)
Half the FOMC is keen to raise rates but the doves still hold sway and the data remain the driver. Dow up 21. (Accessible only for subscribers before 10:15 AEST)