Bonds/Interest Rates

There was nothing really new here, just another pledge and a confirmation of rumours. But the world liked it. Dow up 244. (Accessible only for subscribers before 10:15 AEDT)

More rumours flowed last night with one night to go, this time suggesting the ECB will buy unlimited bonds and sterilise them. Dow up 11.(Accessible only for subscribers before 10:15 AEDT)

Barclays Capital has analysed seasonal trends for September and notes while it is the worst month for equity markets bonds perform better.

No commitment from the Fed and talk from Draghi that short-end bonds could be purchased left Wall Street undecided last night. Dow down 54. (Accessible only for subscribers before 10:15 AEDT)

With the US closed, European markets were stronger last night as weak data raised hopes for ECB action.(Accessible only for subscribers before 10:15 AEDT)

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.

Spain will not ask for a bailout until it has confirmation of the terms and conditions. Dow down 106. (Accessible only for subscribers before 10:15 AEDT)

The ECB president has publicly argued the case for bond purchases via a German newspaper while the US economy appears decidedly beige. Dow up 4. (Accessible only for subscribers before 10:15 AEDT)

Draghi has cancelled his appearance at the Fed symposium to concentrate on the mission ahead. Dow down 21. (Accessible only for subscribers before 10:15 AEDT)