A ‘No Change’ decision by the Fed proved ultimately too much to bear for investors. (Locked for subscribers until 10:00 AEDT)
The world’s assessment post yet another European solution is negative, or so it appears. (Locked for subscribers until 10:00 AEDT)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Only a 25bp cut from the ECB, and no further bond purchases. Dow down 198.
It’s an anxious fingers crossed on a flighty Wall Street as we head into the ECB and EU meetings over the next couple of days. Dow up 46.
EFSF, ESM or both? Either way, the tentative rally continues. Dow up 53.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Markets took a breather last night after global PMIs painted a less than rosy picture. Dow down 25.
The world’s major central banks announced last night they would open swap lines to provide cheap dollar funding for Europe’s troubled banks. Dow up 490.
A surprising jump in US consumer confidence helped Wall Street to another up day. Dow up 32.