There was nothing really new here, just another pledge and a confirmation of rumours. But the world liked it. Dow up 244. (Accessible only for subscribers before 10:15 AEDT)
More rumours flowed last night with one night to go, this time suggesting the ECB will buy unlimited bonds and sterilise them. Dow up 11.(Accessible only for subscribers before 10:15 AEDT)
No commitment from the Fed and talk from Draghi that short-end bonds could be purchased left Wall Street undecided last night. Dow down 54. (Accessible only for subscribers before 10:15 AEDT)
With the reporting season wrapping up last week, we look at what brokers had to say about the big iron ore plays, Chinese stimulus and the carbon tax.
This week ATW’s Jerry Simmons looks for direction from US equities, examines bearish Chinese equities, looks for the EUR to soar against the AUD and a possible reversal for natgas.
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.
Peter Switzer of the Switzer Super Report discusses the upcoming central bank decisions.
Spain will not ask for a bailout until it has confirmation of the terms and conditions. Dow down 106. (Accessible only for subscribers before 10:15 AEDT)
The Chartist reports it’s difficult to make a technical argument as to why the Dow Jones Industrial Avergae will not move higher.