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| | | SYDNEY - The Australian market looks set to open flat despite Wall Street falling into the red, unable to maintain early gains as tech stocks dragged on sentiment. At 0800 AEST on Wednesday, the September share price index futures contract was down ... |
| | | | ... Spiegel magazine reported that the ECB plans to buy government bonds to place a cap on yields to a pre-set premium over German bunds. Yippee ki yay! This would put a limit on the borrowing costs highly indebted euro countries have to pay. That was until ... |
| | | | ... report the ECB would intervene in debt markets to keep government borrowing costs lower, but turned down after ECB and German officials dismissed the story. London's FTSE 100 index of top companies closed down 0.48 per cent at 5,824.37 points, while ... |
| | | | ... week on a high note, with Frankfurt's blue-chip DAX 30 index breaking above the 7,000-point level on a eurozone defence by German Chancellor Angela Merkel. The DAX gained 0.64 per cent to close at 7,040.88 points after already breaking briefly through ... |
| | | | ... and housing construction that added evidence the economy is growing steadily. Markets were also spurred by comments from German Chancellor Angela Merkel in Canada, which appeared to give solid backing for the European Central Bank (ECB). Traders took ... |
| | | | Don't look now but fresh bad news has just come out of China. This time, however, there was not that "sky is falling" feeling that populates cyberspace each time Chinese economic updates disappoint market expectation. Sure there were the obligatory ... |
| | | | ... While indications show that the festering problems in the region are impacting activity in the two biggest countries - German real GDP growth eased to 0.3% in the June quarter from 0.5%, France showed no growth in both quarters - the latest reading are ... |
| | | | SYDNEY - The Australian market looks set to open flat after Wall Street pared early gains to close similarly flat. At 0752 AEST on Wednesday, the September share price index futures contract was up two points at 4,258. In economic news on Wednesday ... |
| | | | ... 0.54 per cent to 3,456.71. Frankfurt's DAX 30 slipped by an insignificant 0.02 per cent to 6,964.99 amid disappointing German company earnings. Madrid's Ibex 35 index was 0.56 per cent lower at 7,110.2 points meanwhile, and the FTSE MIB slipped by 0.08 ... |
| | | | ... the BOE sees no growth this year and only 2.0% over the next two years (from 2.5% estimated only three months before), German factory orders dropped by 1.7% in June (more than twice as much as the 0.8% fall) and Spanish 10-year bond yields have risen ... |
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