BT Three Minute Markets Update
Summary: BT's Chief Economist Chris Caton and our expert product managers provide a recorded regular update on current market conditions. The updates are current, quick and easy to listen to.
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- Artist: BT Financial Group
- Copyright: Copyright 2016 - BT Financial Group
Podcasts:
Busy night on Wall Street: National Assoication of Homebuilders Sentiment Index came in at 60 points, 1 point over consensus.
Last month's producer prices rose by 0.4% over June; industrial production report posted a 0.3% gain.
US Federal Govt reported a budget surplus of $52 billion.
Friday was a good day: China's market was up strongly; FTSE +1.4%, DAX +2.9%, S&P and Dow both +1.2%.
A big night in Europe: FTSE +1.4%, DAX +2.3%, S&P +0.2%, Dow +0.4%.
FTSE +0.9%, DAX +0.7%, S&P -1.5%, Dow -1.7%; European rise suggests a little less concern about Greece.
FTSE -1.6%, DAX -2.0%, S&P +0.6%, Dow +0.5%; AUD took a beating overnight.
Red ink but not all that bad: FTSE -0.8%, DAX -1.5%, S&P -0.3%, Dow -0.4%.
Greece voted No in the referendum on the creditor's most recent conditions for further bailout money.
The calm before the storm: FTSE +0.3%, DAX -0.7%, S&P flat, Dow -0.2%.
FTSE +1.3%, DAX +2.1%, S&P +0.7%, Dow +0.8% - Aus futures index suggests an opening close to flat.
FTSE -1.5%, DAX -1.25%, S&P +0.3%, Dow +0.1% - Greek situation remains fluid.
Markets reacted to Greek developments: FTSE -2.0%, DAX -3.6%, S&P -2.1%, Dow -2.0%.
FTSE -0.8%, DAX +0.2%, S&P flat, Dow +0.3% - Good deal of uncertainty about what happens next with Greece.
A mixed night: FTSE +0.1%, DAX -0.6%, S&P -0.7% and Dow -1.0% - all about Greece.