In a QE3 vacuum, Australia’s trade deficit and a weak Spanish bond auction were cause for global concern last night. Dow down 124. (Accessible only for subscribers before 10:15 AEDT)
It’s April and US equities are back at what the TechWizard considers “natural resistance”. Will history repeat?
Wall Street has come to accept that QE3 is dead in the water following last night’s release of the Fed minutes. Dow down 64. (Accessible only for subscribers before 10:15 AEDT)
Chinese and US manufacturing data spurred on a positive opening to the June quarter. Dow up 52. (Accessible only for subscribers before 10:15 AEDT)
FOREX.com has offered its expectations for the June quarter, seeing a tougher outlook for equity prices but a solid outlook for commodities.
A brief look at important company events and economic data releases next week.
The Dow was down 94 points early on week data and a weak oil price but recovered to close up 19. (Accessible only for subscribers before 10:15 AEDT)
A weak durable goods result was the main catalyst for more profit-taking on Wall Street last night. Dow down 71. (Accessible only for subscribers before 10:15 AEDT)
ATW’s Jerry Simmons explains why he is keeping a close watch on crude oil futures.
Wall Street was steady all day up until the traditional last half hour square-off. Dow down 43. (Accessible only for subscribers before 10:15 AEDT)