United States

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

Consumer Metrics Institute’s Weighted Composite Index continues to fall sharply, a trend expected to continue for as long as there is a persistent disconnect between Wall Street and “Main Street”.

There was not a lot to justify a strong session on Wall Street, but the sellers are on holiday. Dow up 85. (Accessible only for subscribers before 10:15 AEDT)

Japan’s called it, but Australia and the US are waiting for confirmation. As world food prices soar, could we be in for another round of El Nino? And global inflation?

A raft of mostly positive US data was met with ambivalence last night by the three traders left on Wall Street. Dow down 7. (Accessible only for subscribers before 10:15 AEDT)

This week ATW’s Jerry Simmons looks at the AUD rally, noting a slide in the Aussie vs the euro could presage a bull run in global equities.

Is a solid US retail sales number good news or bad news? Wall Street doesn’t know either. Dow up 2. (Accessible only for subscribers before 10:15 AEDT)

Wall Street is now struggling to hang on to gains amidst peripheral newsflow and silence from Europe. Dow down 38. (Accessible only for subscribers before 10:15 AEDT)

Last week saw heavy coverage of the domestic mining scene as brokers took advantage of the lull before the full onset of the FY reporting season.

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