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| | | Chinese demand for Australian resources was likely to fall, investment bank JP Morgan said yesterday. Jing Ulrich, chair of global markets, China, for JP Morgan, said China had to contend with imbalances in its economy in the medium to long term. Speaking ... |
| | | | ... about the unexpected volatility of markets and the need for cool heads. "It's normal to want to do something as a reaction to big changes in the market. The most important thing for investors is to gather facts and not make knee jerk moves based on panic," ... |
| | | | ... points, or 4.69 per cent, to 2,492.68. It was the US markets' second recovery this week, after Tuesday's jump to overcome a big loss on Monday. "This isn't a volatile equity market. It is an extremely volatile equity market," said Patrick O'Hare of Briefing.com. ... |
| | | | State Street Global Advisers is keen to open new asset class realms to the Australian exchange-traded fund market, its global head of ETFs said yesterday. Scott Ebner, managing director and global head of exchange traded fund product for SSgA flew into ... |
| | | | ... cried more. The Euro Stoxx-50 dropped by 6.1% at the close with equity gauges in the core countries of the Eurozone dropping big time. The German DAX index lost 5.1%; France's CAC-40 index gave up 5.4%; Italy's MIB index plunged 6.7%. And across the ... |
| | | | Equities moved strongly to the upside in morning trade, building on yesterday's stunning stock market rebound with experts predicting further volatility but rating Australia a bargain. At time of writing the All Ordinaries Index was up a further 108.5 ... |
| | | | ... contracts traded. The local bourse opened about 2.5 per cent higher and generally held onto those gains during the morning, with big market contributors in the mining and financial sector leading the way. Bell Potter senior adviser Stuart Smith said ... |
| | | | ... it back at my face. I expected the US Federal Reserve to provide a circuit breaker in the form of a third QE. I was wrong! Big Ben did this small Ben one better. B-I-N-G-O! By just changing a single phrase in the policy statement, the Federal Open Market ... |
| | | | ... market had seen historic daily swings in the past week of more than 30 basis points as buyers sought a quality safe haven. The big banks, locked in fierce competition for dwindling new mortgage business, moved quickly to cut their fixed loan rates. St ... |
| | | | ... Hedge Fund Forum. On September 13, AIMA Australia will host the Australian Hedge Fund Forum 2011 in Sydney to discuss the big issues facing the industry and look at how alternatives can regain their footing in the midst of the current financial turmoil. ... |
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