Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
It has not been a good start for the US earnings season amidst other global woes, although a shift back to defensives is providing a counter on Wall Street. Dow down 31. (Accessible only for subscribers before 10:15 AEDT)
The Fed minutes revealed a circumspect FOMC and provided Wall Street with little succour. Dow down 48. (Accessible only for subscribers before 10:15 AEDT)
The US earnings season has begun in earnest with a series of profit warnings that turned Wall Street around in a hurry last night. Dow down 83. (Accessible only for subscribers before 10:15 AEDT)
Alcoa’s earnings report last night heralded the start of the US June quarter earnings season, which will hopefully prove a distraction from Europe, Europe and more Europe. Dow down 34. (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.
Three major economies have announced policy easing over 24 hours, but the world has been left a little more depressed than stimulated. Dow down 46. (Accessible only for subscribers before 10:15 AEDT)
With the US closed and an ECB meeting due tonight, global markets took a breather overnight. (Accessible only for subscribers before 10:15 AEDT)
A surprise jump in factory orders had Wall Street in a feel-good mood ahead of tonight’s Fourth of July holiday. Dow up 72. (Accessible only for subscribers before 10:15 AEDT)
Weak US manufacturing data took the shine off the earlier EU summit rally last night, although it does bode well for QE3. Dow down 8. (Accessible only for subscribers before 10:15 AEDT)