Global service sector PMIs have showed a downward trend over the past 24 hours, spooking Wall Street ahead of tonight’s jobs number. (Accessible only for subscribers before 10:15 AEDT)
Statisticians suggest recent data highlights the US and European economies are moving further apart in growth terms.
Weak eurozone manufacturing and unemployment numbers ahead of this weekend’s French and Greek elections are cause for concern. Dow down 10. (Accessible only for subscribers before 10:15 AEDT)
Wall Street was off to a flying start in May on manufacturing data, but as QE3 becomes more distant the rally yet again fades. (Accessible only for subscribers before 10:15 AEDT)
Jerry Simmons explains why copper may well be showing the way forward for other risk assets.
After a strong run from before Christmas, Wall Street has closed flat for April as it consolidates to await the next drivers. Dow down 14 last night. (Accessible only for subscribers before 10:15 AEDT)
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.
Blow me down if Ben Bernanke didn’t suggest on Wednesday night QE3 will always be there. Buy! Dow up 113. (Accessible only for subscribers before 10:15 AEDT)
The two sessions on Wall Street broke down into “Waiting for Apple” and “Apple”. The Dow (no Apple) was up 89 last night to provide a net 163 point gain. (Accessible only for subscribers before 10:15 AEDT)