Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 131 - 140 of 143 results for "US Federal Reserve Chair"

Market wrap

AAP  |  WEDNESDAY, 7 JUN 2006
The Australian share market is expected to open sharply weaker, weighed down by heavy stock market falls globally after the US Federal Reserve hinted at a hike in interest rates. On the Sydney Futures Exchange the June share price index contract was ...

Daily economic update

BENJAMIN ONG  |  TUESDAY, 6 JUN 2006
US financial markets took a beating overnight with the stock market, the bond market and the US dollar all retreating. The S&P 500 index fell by 1.8 per cent - the worst performance since January 20, the Dow Jones average fell by a similar 1.8 per cent ...

Weekly economic round-up

Last week's decision by the Reserve Bank of Australia (RBA) to keep official interest rates unchanged at 5.5 per cent presented no surprises. Expectations leading up to the RBA Board's first meeting this year rightly wagered that the Australian central ...

Daily economic update

The Department of Employment and Workplace Relations (DEWR) reported a 2.9 per cent fall in its skilled vacancies index in January, led by a 3.6 per cent decline in openings for trades. Automotive trades posted the biggest decline (9.2 per cent) in ...

Weekly economic roundup

After a strong start, the Australian stock market again succumbed to the negative lead from Wall Street, with the S&P/ASX 200 index down by 34.5 points, or 0.8 per cent at the close of last week's trading. While investors largely ignored reports of ...

Australia well-insulated against US rate hikes: Costello

AAP  |  MONDAY, 26 APR 2004
Australian Treasurer Peter Costello today said Australia was well-insulated against expected rate rises in the United States, but declined to say whether he saw another rate hike in his own country. "There seems to be a general view that as the American ...

Market Wrap

U.S. stocks fell on Thursday as investors locked in gains from the previous session after disappointing jobless claims data and lackluster earnings news. No. 2 computer maker Hewlett-Packard Co. dragged down the Dow Jones industrial average after saying ...

Morning Market Wrap: Dollar weaker after US jobless claims plunge

The Australian dollar opened weaker today against a broadly stronger US dollar but remained within its recent range above important support levels. At 0700 AEDT the Australian dollar was trading at $US0.7058/63 compared with yesterday's close of 0.7121/26. ...

Afternoon market wrap: Shares, dollar end higher

The Australian share market made it into positive territory just before the close of trading today, despite being weighed down by the banking sector for most of the session. Gains by market heavyweight News Corp and resource stocks managed to reverse ...

Midday market wrap: Australian bonds hammered

The Australian bond market was sharply weaker Wednesday morning, following overnight Congressional testimony by US Federal Reserve chairman Alan Greenspan. Despite pledging to maintain the fed funds rate at low levels 'for a considerable time', bond ...