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| | | ... they'd fallen by that much," he said. De Garis believes we can draw confidence from a man with his finger truly on the sub-prime credit pulse - the St. Louis Federal Reserve Bank President, William Poole. Investors should take comfort that Poole, "who ... |
| | | | ... The Reserve Bank's Quarterly Statement on Monetary Policy, out yesterday, showed little sign of being phased by the sub-prime contagion. Focussing on the strength in the domestic and global economies and rising inflationary pressures, the RBA raised ... |
| | | | ... share market regained some strength to close higher yesterday after a wave of turbulence last week caused by the US sub prime mortgage market problems. At the close, the benchmark S&P/ASX200 index was 75.6 points higher to 6011.6, while the all ordinaries ... |
| | | | ... FTSE, The German DAX and the French CAC were down 3.2 per cent, 1.5 per cent and 3.1 per cent respectively. Fear of sub-prime contagion has gripped global markets and prompted some major central bank interventions against a complete credit crunch. The ... |
| | | | ... remained sharply lower at noon, after being dragged down by a US market still racked with fear about the fall out in the US sub-prime mortgage sector. At 1200 AEST, the benchmark S&P/ASX200 index shed 165.4 points, or 2.68 per cent, to 6000.2. The All ... |
| | | | The sub-prime mess has washed up on European shores, where losses swept through all 18 western European markets and caused a backwash that wiped out more than half of the U.S. markets' three-day recovery. France's biggest bank, BPN Paribas halted redemptions ... |
| | | | Is the current sub-prime calamity really another savings and loan crisis in the making, or just market noise? Consensus is that the volatility is more rollercoaster than bear-trend, and as such markets are quite capable of recovering just a quickly. ... |
| | | | ... cent was largely expected. "It's been factored in over the last couple of weeks, I think, and overseas events like the sub-prime problem are overshadowing something like domestic interest rates. "And the economy's in pretty good shape here." At 1208 ... |
| | | | Financial services provider Opes Prime has launched the Opes Prime Wealth Platform, an all-in-one retail prime brokerage service that will compete with a similar offering from Macquarie. The new service is tailored to the top end of the market which ... |
| | | | Market action continues to be dominated by the US sub-prime fallout, but has the market lost its Mojo or is this interest rate and currency market volatility just a rollercoaster ride? Equity markets ended largely unchanged from where they started last ... |
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