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BENJAMIN ONG  |  TUESDAY, 7 JUN 2011

Market Wrap - Morning

AAP  |  TUESDAY, 7 JUN 2011
The Australian market has received negative leads from offshore trading overnight, with Wall St closing lower, along with oil, while precious metals rose. At 0700 AEST on the ASX 24, the June share price index futures contract was 31 points lower at ...

U-G-L-Y

BENJAMIN ONG  |  MONDAY, 6 JUN 2011
... indefensible, I wouldn't even dare try. Just look at the stats. US total payrolls increased by only 54,000 heads last month. It's one big ugly disappointment. Uglier still because it failed to live up to already lowered expectations. Financial markets ...

Market Wrap - Morning

AAP  |  MONDAY, 6 JUN 2011
The bad news is set to continue for Australian shareholders on Monday, with the share market tipped to fall following heavy losses in the US on Friday. The Dow Jones Industrial Average is in the midst of its longest streak of losses since 2004, following ...

Convince me

BENJAMIN ONG  |  FRIDAY, 3 JUN 2011
... readings only 53 times over the past 497 months (since January 1970). You too shall believe brother, when you look at the "big disappointment" that the ADP private employment data created. ADP reported an addition of only 38,000 private sector jobs in ...

Market Wrap

AAP  |  THURSDAY, 2 JUN 2011
... were weaker. "I suspect the bigger companies will come down with what happened in the US, so BHP, Rio, the banks, even the big energy companies, Woodside and Santos, are going to come back a little bit today," he said. "I'm not expecting the consumer ...

Mason Stevens launches leveraged product

MATT WOODINGTON  |  THURSDAY, 2 JUN 2011
Mason Stevens has launched a new capital protected structured product that allows investors to walk away from under-performing stocks. In conjunction with UBS, Mason Stevens has developed the Equity Insulator Instalment, which will be available to investors ...

Proposed tough planner rules

ELISE BURGESS  |  THURSDAY, 2 JUN 2011
Financial planners could face a tougher regulator, if changes to ASIC's powers go ahead. Currently under review by the Treasury, proposals include strengthened authority to ban advisers. The reforms in question propose that harsher penalties should ...

All good but for the dollar A

BENJAMIN ONG  |  THURSDAY, 2 JUN 2011
... 1991 shook financial markets' conviction that the domestic economy will be right, mate! This is because of three things: The big fall in the March quarter had been widely expected. In the words of Australian Federal Treasurer, Wayne Swan, "We expected ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 1 JUN 2011
... cents. Official data on Tuesday showed the current account deficit widened in the March quarter to $10.447 billion, driven by a big drop in exports. Economists say the widening of the trade gap will strip 2.4 percentage points from economic growth for ...