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Midday Market wrap: $A weaker at noon, bonds firmer

AAP  |  WEDNESDAY, 17 DEC 2003
The Australian dollar was slightly weaker at noon, as it retreated in local trading after hitting a new six-year high for the second consecutive session overnight. The local unit reached a peak of 74.55 US cents against the greenback early in the overnight ...

Morning Market Wrap: $A rises to fresh six-year high overnight

The Australian dollar rose to a fresh six-year high above 74.50 US cents overnight as traders anticipated key US economic data would show inflation remained weak. At 0700 AEDT the local unit was trading at $US0.7432/37 compared with yesterday's close ...

Midday Market Wrap: Dollar remains strong

The Australian dollar remained stronger at noon after hitting a fresh six-year high overnight, after falls in US equity markets and the continuing prospect of conflict in Iraq weakened the US dollar. The local currency reached a new high of $US0.7443 ...

Morning Market Wrap: Greenback gains short-lived

The Australian dollar climbed back above US 74 cents to reach a fresh six-year high overnight after gains in the greenback following the capture of Saddam Hussein proved short-lived. At 0700 AEDT the Australian dollar was trading at $US0.7432/37 compared ...

Morning Market Wrap: US dollar strong following Hussein capture

The Australian dollar lost ground against the US currency following news of the capture of former Iraqi leader Saddam Hussein yesterday. At 0700 AEDT the Australian dollar was trading at $US0.7367/72 compared with Friday's close of 0.7412/17. During ...

Midday Market Wrap: Market up buoyed by strong gains on Wall Street

The Australian stock market was more than half a per cent higher in early afternoon trade, buoyed by strong gains on Wall Street overnight. Heavyweight media stock News Corp, the major banks and Telstra all pushed higher, offsetting falls in the resource ...

FPA chief speaks out on restructure

Recently appointed chief executive of the Financial Planning Association (FPA) Kerrie Kelly has put to rest speculation surrounding the dramatic restructure of the industry body, as reported in the Financial Standard yesterday. "The actual number of ...

Macquarie senior staff resign to take up positions elsewhere

Macquarie Funds Management (MFM) has been caught with its Christmas stockings down, as four senior staff suddenly announced their resignations yesterday. Following the trend evident earlier this year when former Colonial First State employees working ...

Full steam ahead for growing BOQ

AAP  |  FRIDAY, 12 DEC 2003
Bank of Queensland Ltd continues to steam ahead as Australia's fastest growing bank, reporting its highest sales ever last week despite interest rate hikes and a property market slow-down. Speaking after the bank's annual general meeting in Brisbane ...

MMC Contrarian makes sluggish debuts on the ASX

AAP  |  FRIDAY, 12 DEC 2003
MMC Contrarian Ltd had a sluggish debut on the Australian Stock Exchange yesterday, but the investment company remains optimistic. The shares failed to trade at their $1.00 issue price and ended the day at 92 cents after hitting an intraday high of ...