Chartists at Barclays remain unconvinced about the risk assets rally’s support. They’ll be watching Tuesday’s US equity action closely.
A wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Leading US funds manager BlackRock foresees authorities being forced to inflate the US out of debt and out of an increasingly likely dip back into recession.
A brief look at important company events and economic data releases next week.
More positive data last night has Wall Street primed for good news tonight on the jobs front, as a late rally suggests. Dow up 50.
Dennis Gartman doesn’t think we are at the beginning of a sustainable share market rally.
Wall Street cherry-picked the good news last night from China, Australia and locally to stage a 254 point Dow rally. (Locked for subscribers until 10:00 AEST)
Barclays Capital has analysed seasonal trends for September and found the month tends to be bearish for equities and the US dollar but more positive for gold and energy prices.
Wall Street closed flat last night ahead of important data this week, with Dow 10,000 still the line in the sand.
A glance through the latest expert views and predictions about commodities with Citi lifting iron ore price forecasts, updates on LNG and aluminium and RBS explaining why zinc prices have struggled.