Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Wall Street was all over the shop last night as the headlines rained down, with preparations for coordinated global stimulus the underlying theme. Dow up 155. (Accessible only for subscribers before 10:15 AEDT)
It only took one non-FOMC Fed member to hint at QE3 and Wall Street was away and running once more. Dow up 162. (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.
Ben Bernanke stuck with the script (disappointing) but Beijing cut official rates (positive surprise). (Accessible only for subscribers before 10:15 AEDT)
Risk assets enjoyed one big fat rally overnight, with the S&P500 and DJIA recording their strongest one day performances thus far in 2012. (Accessible only for subscribers before 10:15 AEDT)
Risk assets enjoyed a bounce overnight, while Spain admitted the obvious and Richard Russell called it what nobody wants to hear. (Accessible only for subscribers before 10:15 AEDT)
Risk assets enjoyed a bounce overnight, helped by a weaker USD. (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.
Disappointing economic data are adding to downward pressure on risk assets.(Accessible only for subscribers before 10:15 AEDT)