Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Draghi sparks up stock markets with some familiar platitudes, while elsewhere markets remain less convinced. Dow up 211. (Accessible only for subscribers before 10:15 AEDT)
A suggestion the ESM could secure a banking licence had the euro bouncing hard last night, gold up, and US stocks in a muddle. Dow up 53. (Accessible only for subscribers before 10:15 AEDT)
Greece can’t pay, Germany facing downgrade, US earnings hit by fiscal cliff, talk of Fed unlocking the safety catch. Something must shortly give. Dow down 104.(Accessible only for subscribers before 10:15 AEDT)
Another Spanish state is ready for a bail-out while the signs indicate Greece may finally be about to be given the heave. Dow down 101. (Accessible only for subscribers before 10:15 AEDT)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
US earnings are managing to inspire further rises, but there is a lack of conviction in markets at present. Dow up 34. (Accessible only for subscribers before 10:15 AEDT)
The Fed is determined to reduce unemployment however it has to, and better earnings reports continue to flow. Dow up 103. (Accessible only for subscribers before 10:15 AEDT)
First they sold it, then they bought, as Wall Street tried to read between Bernanke’s lines. Dow up 78. (Accessible only for subscribers before 10:15 AEDT)
The Fed chairman will speak on Capitol Hill tonight and with global data continuing to weaken, Wall Street is full of hope. Dow down 49. (Accessible only for subscribers before 10:15 AEDT)