Forex.com’s Kathleen Brooks oversees this week’s actions from central bankers around the world.
The yen crashed 3% last night on announced stimulus, while Wall Street put on a brave face against more weak data. Dow up 55. (Accessible only for subscribers before 10:15 AEDST)
Forex.com’s Kathleen Brooks reports investors have (again) been reminded the US economic recovery remains a fragile one.
Weak US data, an unnerving comment from a Fed president and a sudden appreciation of North Korean bellicosity sent Wall Street rushing for the exits last night. Dow down 111. (Accessible only for subscribers before 10:15 AEDST)
Wall Street doesn’t much care about North Korea, or Europe for that matter. Dow up 89. (Accessible only for subscribers before 10:15 AEDST)
Market commentator Michael Lombardi believes it’s only a matter of time before the risks in US bonds reveal themselves.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
A brief look at important company events and economic data releases next week.
The world was reminded last night Italy still has no government, while Cyprus has moved to limit money transfers ahead of bank re-openings. Dow down 37. (Accessible only for subscribers before 10:15 AEDST)
The shadow of Cyprus and some mixed US economic data could not stop a return to strength on Wall Street. Dow up 111. (Accessible only for subscribers before 10:15 AEDST)