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.
Merkozy has now declared a definitive agreement on Europe will be announced next Wednesday as copper plummets on a Chinese clampdown. Dow up 37.
When it comes to Europe, nothing’s as easy as it looks, notes GaveKal.
The Fed’s Beige Book disappointed Wall Street last night while stalled progress in Europe has markets chewing finger nails. Dow down 72.
Wall Street had already bounced before an E2trn rumour hit the market and was quickly quashed. Fun and games, Dow up 180.
A glance through the latest expert views and predictions about commodities with ANZ and Barclays updating on commodity expectations, issues for steel and oil and a note on palladium.
Merkel suggested last night the world is dreaming if it expects all will be resolved in Europe after one summit this weekend. Dow down 246.
Market analysts at FXCM note while the Euro crisis appears to be deepening there is scope for the euro to continue enjoying a relief rally.
Equities are rising on ‘animal spirits’, reports Forex.com’s Kathleen Brooks. Will the G20 deliver the goods to sustain it?