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| | | ... bets before the Federal Reserve weighs in Wednesday with its policy statement and the jobs data is released Friday. Mr McCarthy said economic data from China next week would also be important in providing direction for the Australian share market. Company ... |
| | | | ... attractive dividend yields for the last six weeks, and so what we're seeing now is just a spreading across the market," Mr McCarthy said. Macquarie Group had added $1.50, or 3.45 per cent, to $45.01 and Suncorp was up 35 cents, or 2.95 per cent, to $12.22. ... |
| | | | ... developments over the last week are now causing investors to move into that rotation (from banks to resources)," he said. Mr McCarthy said resources stocks were lifting on the back of improved commodity prices, which benefited from better-than-expected ... |
| | | | ... looking at significantly lower openings in Hong Kong and Tokyo, and that's also likely depressing local sentiment." Mr McCarthy said investors had already priced in the global improvement in markets and reasonably good company earnings report. "Without ... |
| | | | ... and on overseas markets. In response to Wall Street's rally this week, volatility in local trading had picked up, Mr McCarthy said. "That tells us that the market is keen to make a break, but it is not clear in what direction," he said. "On the evidence ... |
| | | | ... particular, the negative momentum at the end of the US session appears to have spilled into Asian trading today," Mr McCarthy said. Mr McCarthy said the Australian market also seemed to have trouble moving to new highs, suggesting that a downward correction ... |
| | | | ... reports which suggest we'll see further gains in the US market tonight and the Dow futures have run ahead as well," Mr McCarthy said. "We are also seeing a positive response to BHP's production report this morning. Its shares are lifting the market up ... |
| | | | ... data on private capital expenditure was due out later this week. "All of that adds up to a lot of sitting on hands," Mr McCarthy said. Healthcare was the best-performing sector on the market, having climbed 3.98 per cent, according to IRESS data. The ... |
| | | | ... market was quiet. "We have a lot of events coming up, so volumes have been poor this week - well below averages," Mr McCarthy said. "We're seeing similar today. "It's understandable given the ECB (European Central Bank) meeting, non-farm payrolls (in ... |
| | | | ... numbers come in above 50 I'd expect that those weak resources stocks will turn around their performance quick smart," Mr McCarthy said. Wall Street's major indices lost ground after the US Commerce Department revised its forecast of first quarter economic ... |
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