A brief look at important company events and economic data releases next week.
Only a 25bp cut from the ECB, and no further bond purchases. Dow down 198.
It’s an anxious fingers crossed on a flighty Wall Street as we head into the ECB and EU meetings over the next couple of days. Dow up 46.
EFSF, ESM or both? Either way, the tentative rally continues. Dow up 53.
S&P decided to put of all northern Europe on negative watch last night in a move that had sane people laughing hysterically. A rally on Wall Street was crimped. Dow up 78.
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.
Markets took a breather last night after global PMIs painted a less than rosy picture. Dow down 25.
Barclays Capital’s analysis of seasonal trends shows December tends to be a good month for equities and fixed interest markets but more mixed for currencies and commodities.
Chartists see this rally in equities markets lasting into the new year, but the overall outlook hasn’t fundamentally changed (at least not from a technical point of view).