This week’s Fed comments have begun from the dovish side of the aisle, sending the US dollar down and forcing a short-covering scramble in gold. Dow down 19. (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.
A strong read on Japan’s GDP was nervously welcomed, while more weak US data rolled out amidst endless QE exit talk. (Accessible only for subscribers before 10:15 AEST)
Fed exit? Not on last night’s US data. The longer the Fed stays, the more Wall Street rallies. Dow up 60. (Accessible only for subscribers before 10:15 AEST)
The rising stock market and rising US dollar are feeding on each other to maintain the momentum on Wall Street. Dow up 123. (Accessible only for subscribers before 10:15 AEST)
The timing of a Fed exit is the new hot topic on Wall Street, yet stocks closed flat last night. Dow down 26. (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.
No one’s entirely sure why, but last night the US dollar exploded through 100 yen and sent all other currencies, including the Aussie, tumbling. Dow down 22. (Accessible only for subscribers before 10:15 AEST)
Wall Street opened lower but traded higher last night while yesterday’s Chinese trade data have drawn scepticism. (Accessible only for subscribers before 10:15 AEST)
The Dow closed above 15,000 for the first time ever last night on an 87 point gain, while the RBA rate cut was the talk of the town. (Accessible only for subscribers before 10:15 AEST)