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

Search Results

Showing 161 - 170 of 328 results for "Spain ; 2 % -3 %"

No random walk on Wall Street

BENJAMIN ONG  |  FRIDAY, 15 JUN 2012
As surely as night follows day, an up day on Wall Street followed the previous one's down. Over the past seven trading days, the S&P 500 displayed this classic sawtooth pattern. Here are the stats - and the rationales as headlined: 06 June: Up 2.3% ...

Market Wrap

AAP  |  FRIDAY, 15 JUN 2012
The Australian market looks set to open higher following Wall Street's positive performance amid speculation of more stimulus from the Federal Reserve after another batch of poor data releases. At 0745 AEST on Friday, the June share price index futures ...

Three more days of guessing

BENJAMIN ONG  |  THURSDAY, 14 JUN 2012
Up and down it goes, where it ends nobody knows. Wall Street was down again last night, after being up the previous day and down the day before. This sawtooth trading pattern hardly comes as a surprise given the great uncertainty over the outcome of ...

QE hope - must be getting tough again?

BENJAMIN ONG  |  WEDNESDAY, 13 JUN 2012
Ho-hum. Some may find riding the current stock market see-saw exciting but I'm beginning to get bored. Certainly what we're going through right here, right now is the stuff histories are made of, but there's only so much a man can take - especially ...

Spanish bailout soured by upcoming Greek election

BEN COLLINS  |  TUESDAY, 12 JUN 2012
Despite an agreement reached to bailout Spanish banks, renewed fears over a Greek exit from the eurozone have caused further uncertainty. "Although news that Spain has requested money to shore up its banking system has been regarded as a positive development... ...

PIG now officially PIGS

BENJAMIN ONG  |  TUESDAY, 12 JUN 2012
Happy Birthday your majesty... and thank you! Thank you for the three-day weekend which allowed us one-extra day of sleep in. Thank you for the extra day of rest that also meant another day of boozing. But most of all, thank you for leading us not into ...

Market Wrap

AAP  |  TUESDAY, 12 JUN 2012
The Australian market looks set to open lower following falls in US stocks overnight after initial optimism on Spain's bailout fizzled. At 0744 AEST on Tuesday, the June share price index futures contract was down 45 points at 4,062. In economic news ...

Market Wrap

AAP  |  WEDNESDAY, 6 JUN 2012
The Australian share market made modest gains in opening trade thanks to a positive lead from Wall Street and as investors await more developments in Europe's debt crisis. At 1010 AEST on Wednesday, the benchmark S&P/ASX200 index was up 18.5 points ...

Equity value - cheap or the new normal?

BENJAMIN ONG  |  WEDNESDAY, 6 JUN 2012
There must be some truth in reports that came out a few days ago, that Australians have now surpassed the Brits as the world's biggest whingers. Whinge, whinge, whinge. This went on full display right here, right now after the RBA decided to give the ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 6 JUN 2012
The Australian market looks set to open slightly higher following moderate gains on Wall Street overnight. At 0750 AEST on Wednesday, the June share price index futures contract was up seven points at 4,061. In economic news on Wednesday, the Australian ...