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.
With little investor interest, it’s a traders market out there. Wall Street is jumping at each tidbit of news and speculation and last night that was positive. Dow up 181. (Accessible only for subscribers before 10:15 AEDT)
A survey of Citi’s institutional clients in North America finds growing bullishness with Wall Street leading the way.
The oil market continues to display tight fundamentals and this is expected to support prices, with analysts adjusting price expectations for expected conditions.
David Bicchetti and Nicolas Maystre of UNCTAD suggest as commodity markets becomes more financialised they are becoming more prone to external destabilising effects.
An ECB official last night suggested the central bank could recommence buying stressed eurozone bonds if necessary, easing fears in Europe. Dow up 89. (Accessible only for subscribers before 10:15 AEDT)
There was somewhat of a negative feedback loop across the globe last night as Europe returned from Easter and Spanish and Italian bond yields continued to rise. Dow down 213. (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.