United States

A round of global estimates of November PMIs caught economists by surprise last night as weakness abounded. Dow up 33. (Accessible only for subscribers before 10:15 AEST)

The Chartist reports the US broad stock market index is showing overbought signals but that the underlying trend remains bullish.

It’s not often Wall Street posts no net reaction to the latest Fed minutes. Meanwhile, iron ore has been hit again. (Accessible only for subscribers before 10:15 AEST)

Wall Street posted a slightly more positive session last night but a three dollar plunge in the iron ore price will cloud the local market today. (Accessible only for subscribers before 10:15 AEST)

Australia’s FTA with China includes a yuan trading hub in Sydney while Canada has also just agreed with China to trade in respective currencies. Where does this leave the US dollar?

Japan has shocked markets by falling into recession but Wall Street continues to take life in its stride. Dow up 13. (Accessible only for subscribers before 10:15 AEST)

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.

Oil prices crashed 3% last night as the Saudis continued to confuse markets over just what their production intentions might be. Dow up 40. (Accessible only for subscribers before 10:15 AEST)

Wall Street doesn’t want to go down, but doesn’t want to go up either. Something will have to give. Dow down 2. (Accessible only for subscribers before 10:15 AEST)