China’s recovery took a step back yesterday with news of extensive loan write-downs by the country’s biggest banks and another Shibor scare. Dow down 54. (Accessible only for subscribers before 10:15 AEDST)
A weak US jobs number suggests Fed tapering is very much a 2014 consideration, if even that soon. Nothing to do but buy it. Dow up 75. (Accessible only for subscribers before 10:15 AEST)
Wall Street took a breather last night as trades await tonight’s delayed non-farm payrolls data. Dow down 7. (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.
Dollar down, gold up, Aussie up, bonds up, S&P at a new all-time high. Dow down 2. (Accessible only for subscribers before 10:15 AEST)
It appears Congress is about to pass a bill reopening the US government and raising the debt ceiling until early next year, pending further negotiations. Dow up 205. (Accessible only for subscribers before 10:15 AEST)
Democrat senators are set to reject the latest deal put up by the Republicans as the clock ticks towards the debt ceiling deadline. Dow down 133. (Accessible only for subscribers before 10:15 AEST)
Wall Street is quietly confident a meeting this morning between the president and Congressional leaders will at least result in an extension. Dow up 64. (Accessible only for subscribers before 10:15 AEDST)
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Wall Street bounced hard on anticipation of a debt extension agreement in Washington. Dow up 323. (Accessible only for subscribers before 10:15 AEST)