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| | | No, no, no not again! Why can't stock markets move only in the up direction? You guessed it, 'twas another down day on Wall Street and in Europe. And yes, you're right it's because of European jitters because Italy's cost of funding remains on the up ... |
| | | | The Australian stock market had suffered its sharpest drop in almost two months by noon as investors took fright over the ongoing troubles in the Eurozone. Australia's major market indices were down nearly three per cent after talks collapsed in Greece ... |
| | | | OMG! We're really in trouble now, Italian-sized big trouble. Italy - the economy that's considered too big to bail - looks like it's gonna need one as the yield on its 10-year government bonds surged past the 7% bailout mark. Italian 10-year bonds rose ... |
| | | | We've had the "risk on risk off" trade, we've had the "hope" trade and now we have the "headline" trade. And this you and I can plainly see on the intra-day ticks of last night's trading activity. Major equity markets in Asia and most of Europe -- Italy ... |
| | | | The Australian dollar was slightly lower after a credit downgrade for Italy and Spain dampened market optimism. At 0700 AEDT on Monday, the Australian dollar was trading at 97.39 US cents, down from 97.75 cents on Friday. Since 1700 AEDT on Friday ... |
| | | | While big ticket items like the GST, Carbon Tax and Mining Tax may not have been up for discussion, there was still plenty to talk about for the wealth management industry as Government heads and industry leaders gathered at the 2011 Tax Forum. Treasurer ... |
| | | | Jumpy! This is the word that came to mind when I was watching last night's trading action in the financial markets. Is it only me or has anybody else noticed that the "bounce around" in share prices have been shortening lately? It used to be a matter ... |
| | | | It was so predictably predictable. What is? The Greek-IMF-EU-ECB and Germany tragedy currently showing at your nearest screens. Greece will meet its budget target, until it doesn't. The country's Finance Ministry revealed that Greece will not, will ... |
| | | | "There's an old saying in Tennessee - I know it's in Texas, probably in Tennessee - that says, fool me once, shame on - shame on you. Fool me - you can't get fooled again." (George W. Bush) Ok, stop giggling now, we all know what the former US President ... |
| | | | Twisted! This was Wall Street's reaction to the US Federal Reserve's remake of the 1961 version of US President John F. Kennedy and the then Fed's attempt to salvage America. The major US equity indices fell big time - the Dow closed 2.5% off, the S&P ... |
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