Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
European central banks have now agreed to join the Greek bond restructure while there is also talk of simply giving Greece a bridging loan. Dow up 123. (Accessible only for subscribers before 10:15 AEDT)
Wall Street appears at somewhat of a loss as to what one should do from here, and the Fed doesn’t seem to know either. Dow down 97. (Accessible only for subscribers before 10:15 AEDT)
A late rally pushed US equities back to small gains at the close, but currencies, bonds and commodities were not so lucky. (Accessible only for subscribers before 10:15 AEDT)
Response in global markets overnight to the Greek vote was relatively muted as ratification yet awaits. Dow up 72. (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.
Greek politicians finally reached an agreement last night and will await EU approval. Wall Street shrugged. Dow up 6. (Accessible only for subscribers before 10:15 AEDT)
There was a lot of to-ing and fro-ing in Europe last night suggesting were are on the cusp of something, whatever that might be. Dow up 5. (Accessible only for subscribers before 10:15 AEDT)
Wall Street again turned a drop into a rally last night helped by Uncle Ben not ruling out QE3. Dow up 33. (Accessible only for subscribers before 10:15 AEDT)
Austerity package resolution is “close” in Athens as is the separate issue of debt resolution as the world again watches and waits in frustration. Dow down 17. (Accessible only for subscribers before 10:15 AEDT)