The world’s major central banks announced last night they would open swap lines to provide cheap dollar funding for Europe’s troubled banks. Dow up 490.
A surprising jump in US consumer confidence helped Wall Street to another up day. Dow up 32.
Talk of a tighter fiscal union in Europe helped end a seven-session losing streak on Wall Street last night, while retail sales saw a boost. Dow up 291.
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.
A glance through the latest expert views and predictions about commodities, with experts forecasting further volatility in commodity markets and JP Morgan lowering its iron ore expectations.
A disastrous bond auction in Germany indicates the world does not want to pay to be the saviour of Europe. Dow down 236.
ATW’s Jerry Simmons retains a bullish view on AUD/USD, EUR/USD and US equities.
The IMF announced liquidity measures to help stem European inflation while the Fed is still holding off on QE3. Dow down 53.
A glance through the latest expert views and predictions about commodities with updates on nickel and coal, adjustments to base metal prices and trade ideas for 2012.