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Showing 111 - 120 of 691 results for %22Lower commodity prices%22

Australia: which way now?

BENJAMIN ONG  |  WEDNESDAY, 19 AUG 2015
... over the previous few months, although spare capacity still remained". "The unemployment rate was expected to be a little lower than previously forecast". Although the RBA acknowledged the medium term risk of the uncertainty caused by the "recent volatility ...

Too much ado about a speck

BENJAMIN ONG  |  WEDNESDAY, 12 AUG 2015
... end of the day, a stronger China means increased import demand from the rest of the world, particularly from those of commodity exporters. This is why I can't fathom the markets' negative reaction to this latest China stimulus, especially that of Australia's ...

RBA to deliver nothing

BENJAMIN ONG  |  TUESDAY, 4 AUG 2015
... re-opened last night - after its five week closure - the Athens SE general index dropped by as much as 23% before closing 16.2% lower. To quote myself, PM Li will get the 7% growth that PM Li likes. That's his target and in China, targets will be forcedly ...

RBNZ tries to turn the turn in NZ economy

BENJAMIN ONG  |  MONDAY, 27 JUL 2015
... Welle. "You have to see it in perspective. Farming accounts for just 7% of GDP. New Zealand is benefiting in particular from lower oil prices now. Cheaper energy is positive for consumer purchasing power and resulting in lower costs to industry. What's ...

Market lower at noon

AAP  |  FRIDAY, 24 JUL 2015
... from its early losses as gains by retailers, health companies and financials offset weakness among miners. Lower commodity prices have caused a resources sector sell-off, with BHP Billiton down 69 cents at $25.58, Rio Tinto down 98 cents at $51.20 and ...

Market to open lower

AAP  |  WEDNESDAY, 22 JUL 2015
The Australian market looks set to open lower after Wall Street and European markets fell as volatile commodity prices and company results hit shares. At 0802 AEST on Wednesday, the September share price index futures contract was down 27 points at ...

Round and round we go

BENJAMIN ONG  |  THURSDAY, 16 JUL 2015
... a few weeks ago (3 July). It was predicated on a China bust that would take down commodity prices that not even ever so lower interest rates could save Australia. Woe is us! Never mind the most recent Australian job stats coming in higher than expected ...

Australia stocks tumble on commodity falls

AAP  |  THURSDAY, 9 JUL 2015
... $31.80, Commonwealth had fallen $1.13 to $84.64, National Australia Bank was down 41 cents to $32.92 and Westpac was 54 cents lower at $32.62. In company news, Alumina shares lifted half a cent to $1.43 after announcing it received $US71 million in income ...

Australian stocks open lower on China concerns

AAP  |  WEDNESDAY, 8 JUL 2015
The Australian share market has opened lower after sharp falls in commodity prices on concern about China's turbulent stock market. Iron ore fell 4.6 per cent to $49.70 US a tonne overnight, close to April's 10-year low of $46.70. Nickel fell nine per ...

Australian market skids on Greece

AAP  |  MONDAY, 6 JUL 2015
... terms. CMC Markets chief market strategist Ric Spooner said the `No' result in Greece's referendum and lower commodity prices were behind the market's sharp drop. But, "Greece is the main factor," Mr Spooner said. On Sunday, Greeks voted overwhelmingly ...