The Overnight Report

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

Credible threats from IS to start attacking Western cities was arguably the main trigger last night of big falls on Wall Street. Dow down 264. (Accessible only for subscribers before 10:15 AEST)

Strong economic data in the US and weak sentiment in Europe last night underscored the growing imbalance across the Atlantic. Dow up 154. (Accessible only for subscribers before 10:15 AEST)

Economic data from across the globe were mixed over the past 24 hours but Wall Street looks like it wants to pull back anyway. Dow down 116. (Accessible only for subscribers before 10:15 AEST)

Beijing’s dismissal of stimulus talk has reverberated around global markets over the past 24 hours. Dow down 107. (Accessible only for subscribers before 10:15 AEST)

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

Wall Street shot up from the open last night on reassurance the Fed is not going to move in any hurry. Dow up 109. (Accessible only for subscribers before 10:15 AEST)

“Considerable time” is still in there, but the Fed’s forward interest rate assumptions have shifted higher. Dow up 24 and the Aussie has an 8 in front of it. (Accessible only for subscribers before 10:15 AEST)

A report suggesting the Fed won’t shift policy tonight, coupled with Chinese stimulus, sent markets into rapid reverse-mode last night. Dow up 100. (Accessible only for subscribers before 10:15 AEST)

The great carry trade unwind continues across the globe ahead of tomorrow night’s Fed statement. Dow up 43. (Accessible only for subscribers before 10:15 AEST)