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Quiet Market Activity

BENJAMIN ONG  |  TUESDAY, 22 JUL 2008
Financial market activity was relatively quiet overnight. In the US, the Conference Board reported that the leading index fell to 0.1 percent in June, matching the markets' expectations. This is consistent with weak US growth over the next six to nine ...

Market wrap

AAP  |  TUESDAY, 22 JUL 2008
The Australian stock market is expected to open lower after Wall Street fell modestly on Monday. US investors consolidated gains from the past week's rally and mulled Bank of America's better-than-expected earnings. At 0728 AEST on the Sydney Futures ...

Commodities bull run won't wane: GMI

RUTH LIEW  |  MONDAY, 21 JUL 2008
... sector shed its capital growth only mantle. "[Commodities] now provides a combination of capital growth and income, although yes it has often had a bias towards capital growth. "We know that professional investors who take a broad view of the market ...

We need a fairness test: ASIC

MICHAEL HOBBS  |  FRIDAY, 18 JUL 2008
The lack of a fairness test governing how financial institutions treat their customers has resulted in excessive compliance rules that don't always work, said Jeremy Cooper, deputy chairman of the Australian Securities and Investments Commission (ASIC). ...

Market Wrap - Morning

AAP  |  FRIDAY, 18 JUL 2008
The Australian stock market is expected to open higher after US stocks ended positively on a stronger-than-expected earnings result from investment and commercial bank JP Morgan Chase and falling energy prices. At 0653 AEST on the Sydney Futures exchange ...

Market Wrap - Midday

AAP  |  THURSDAY, 17 JUL 2008
The Australian stock market was up one per cent noon on the back of strong gains in financials and property trusts, shadowed by falls in resources stocks. At 1200 AEST the benchmark S&P/ASX200 index was up 49.3 points or 1.01 per cent to 4919.9 while ...

Inflation outlook dim

BENJAMIN ONG  |  THURSDAY, 17 JUL 2008
Market Movers Overnight Soothing words from RBA Governor Glenn Stevens at the Anika Foundation Luncheon yesterday and declines in commodity prices overnight sent the Australian dollar down from a 25-year high of US$0.9784 to US$97.50. In his speech ...

Market Wrap - Morning

AAP  |  THURSDAY, 17 JUL 2008
The Australian stock market is expected to open higher after another steep fall in the oil price eased cost concerns in the US and helped drive Wall St over 2.5 per cent higher. On the Sydney Futures exchange, the September share price index futures ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 16 JUL 2008
The Australian stock market is expected to open lower after US stocks sank on lingering concerns about the health of the US financial system, fanned by troubles at large mortgage financiers Freddie Mac and Fannie Mae. Local energy stocks are expected ...

Market Wrap - Morning

AAP  |  TUESDAY, 15 JUL 2008
The Australian stock market is expected to open lower after US stocks slipped on lingering concerns about the health of the financial system. On the Sydney Futures exchange, the September share price index futures contract lost 37 points, or 0.75 per ...