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| | | ... according to Iress data. Banking stocks were higher at 1222 AEDT. Westpac had picked up 13 cents to $23.12, National Australia Bank was steady at $24.64 and ANZ climbed two cents to $23.69. Commonwealth Bank was steady at $52.46. At 1227 AEDT, the spot ... |
| | | | ... position through each phase in the market," said Cathy Kovacs, head of structured equity investments at Westpac Institutional Bank. Kovacs said they are working on a range of products, such as SFIs, that will give investors some geared exposure to the ... |
| | | | ... share price index futures contract was eight points higher at 4,734. In economics news on Tuesday, the board of the Reserve Bank of Australia (RBA) holds its first monthly meeting for 2011 to consider, inter alia, benchmark interest rates. It is to announce ... |
| | | | ... 99.01 cents on Friday. Since 0700 AEDT on Monday, the Australian dollar traded between 98.67 US cents and 99.26 cents. Royal Bank of Scotland foreign exchange strategist Greg Gibbs said the local unit had bounced from its weekend lows. "It's been trading ... |
| | | | ... prompted the Indonesian government to reassess the size and depth of its debt and equity markets. The Indonesian central bank reported earlier this month that the inflows the local bourse attracted has resulted in foreigners controlling 58 per cent of ... |
| | | | ... that seems to be escalating saw risk appetite globally dry up very quickly. Equity markets declined sharply." The Reserve Bank of Australia's (RBA) board meets on Tuesday to decide whether to move the cash rate. All 15 economists surveyed by AAP expect ... |
| | | | Research published last week reveals fierce resistance from financial advisers to adopt the proposed annual 'opt-in' reforms, arguing the approach could do more damage than not to their clients' portfolios and impose more compliance burden on their ... |
| | | | ... said. "If you look in Australia, we've had a low CPI (consumer price index), so that would tend to indicate that the Reserve Bank of Australia is going to keep rates lower for longer, but at the same time global growth's booming." Mr Carr said this confusion ... |
| | | | ... yen fell against 16 currencies when news of the downgrade hit blogosphere. But isn't this exactly what Japan wants and the Bank of Japan is trying to achieve? If there's one thing Japan might be ruing, it's that the downgrade did not come earlier. |
| | | | ... MLC Wrap, its first major move following the acquisition of Aviva 18 months ago by MLC's parent company, National Australia Bank, with plans for more incremental changes over the coming year. |
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