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| | | What the...? I don't think Wall Street was in the mood for any bad news last night. There were plenty - but they were ignored. There were much more negative reports overnight than the scares we already know dished out by the credit-raters the day before. ... |
| | | | ... dusted - along comes that other Greece, and it's name is Portugal. Warnings galore. Credit-rating agencies went to town last night, scissors in hand. Had it not for the optimistic hangover of the past week, equity markets would have been given up more ... |
| | | | ... traded. The local market rose about one per cent just after the open, following a positive finish on Wall Street on Friday night and firmer copper prices. Local shares dropped back a little from the morning high after the Australian Bureau of Statistics ... |
| | | | ... Today marks the first official day of LGsuper and City Super as a merged entity. The superannuation funds combined last night to form the third largest super fund in Queensland with $6 billion in funds under management and almost 100,000 members, LGsuper ... |
| | | | ... 1.5 per cent. If you think that's great, wait till you hear that Finland's OMX Helsinki Index surged by 3.5 per cent last night and Norway's OBX Stock Index by 2.8 per cent. But wait, isn't this all about Greece? Now it's virtually assured of another ... |
| | | | ... while it chokes itself with 78 billion euros worth of austerity measures (if Parliament decides to pass the plan tomorrow night). Never mind the angry mob rioting on the streets of Athens, for without the 12 billion euro lifeline from the 'troika' - ... |
| | | | ... points at 4,468 points, with 17,505 contracts traded. The local market opened 0.8 per cent higher, off the back of a positive night on Wall Street where stocks snapped a three-day losing run. But the market gave back some of those gains in morning trade ... |
| | | | ... with Pippa Middleton or Lindsay Lohan. But that aside, Wall Street could have gone either way given what was on offer last night. Greece's Parliament is still in discourse over whether to tighten the noose around its citizens' necks a bit more by passing ... |
| | | | ... Jackson Hole in August will likely hint at QE3 / interest rate caps." Big Benny hinted as much. At his press conference last night, the Fed Chairman said that, " The thrust of 'extended period' is that we believe we're at least two or three meetings ... |
| | | | ... out there. "The next catalyst on the whole European Greek situation is probably next week, attention will turn to tomorrow night's FOMC (US Federal Reserve) meeting, it wouldn't surprise me if we see not as much enthusiasm overseas tonight, a little ... |
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