Tim Price of PFP Wealth Management sees Cyprus as yet another symptom of the ‘long emergency’ that continues to suffocate Europe.
Is Cyprus a template for other bail-outs? Maybe yes, maybe no, maybe European politicians have stuffed it up again. Dow down 64. (Accessible only for subscribers before 10:15 AEDST)
Analysts at Forex.com predict that the US dollar will put on a strong show this quarter now that the US recovery is seen to be gaining some traction.
Wall Street shrugged off Cyprus and took heart in an unchanged Fed. Dow up 55. (Accessible only for subscribers before 10:15 AEDST)
A rejection of the bail-out package by the Cypriote parliament has sent the Eurozone ministers back to the drawing board. Dow up 3 points. (Accessible only for subscribers before 10:15 AEDST)
The mounting opinion is that the eurozone ministers will back down on the extremes of their bail-out package for Cyprus. Dow down 62. (Accessible only for subscribers before 10:15 AEDST)
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.
The S&P 500 is now only two points short of its all-time high. Is tonight the night? Dow up 83. (Accessible only for subscribers before 10:15 AEDST)
The Dow yet again fell early and grafted back, to post its longest winning streak since 1996 with another 5 point gain. (Accessible only for subscribers before 10:15 AEDST)