Still no deal for Greece, so markets have begun to worry about Portugal. Positive US data are providing the resistance. Dow down 6. (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.
The Fed’s further easing of monetary policy on Wednesday has added new stimulus to the risk-on trade over the past two sessions. (Accessible only for subscribers before 10:15 AEDT)
Agreement has been unable to be reached in Athens and US earnings reports were weak but the market does not want to tank. Dow down 33. (Accessible only for subscribers before 10:15 AEDT)
Still no word on Greece, but markets remain confident if not a little anxious. Dow down 11. (Accessible only for subscribers before 10:15 AEDT)
Christopher Vecchio, Currency Analyst FXCM, explains what is moving the price of gold.
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.
Wall Street rose again last night, spurred on by successful eurozone bond auctions and reasonable US earnings results. Dow up 46. (Accessible only for subscribers before 10:15 AEDT)
Greece appears close to settling on its haircuts while a good result from Goldmans turned around US banks. Dow up 96. (Accessible only for subscribers before 10:15 AEDT)
FXCM analyst Jamie Saettele has located a big technical hurdle for gold.