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| | | While uncertainty is still producing some gasps on US markets, our local markets are breathing easier and supported further by favourable economic indicators. Federal Reserve Chairman Ben Bernanke and Chairman of the Banking Committee, Senator Chris ... |
| | | | The Australian sharemarket is expected to open lower today after a mixed result on Wall Street and falls in some commodity prices. At 758 AEST, the September Share Price Index was down 29 points to 5939 on the Sydney futures exchange. In data today ... |
| | | | ... Reserve's intervention. "We had a really nasty day on Thursday and the market was hammered on Friday but an improved US market on Friday is helping us," he said. "We are currently up (196) points which is pretty solid and there are improvements across ... |
| | | | The Australian sharemarket is expected to open significantly higher today after the US Federal Reserve took action to stabilise credit markets, which lifted US markets. At 0806 AEST, the September Share Price Index was up 190 points at 5778 on the Sydney ... |
| | | | ... lot of nervousness in the market over concerns on what is going to be happening in overseas markets, particularly the US market tonight." Russell said that finance stocks were starting to bounce back after an improvement in the US market. "We saw the ... |
| | | | Investors' appetite for risk has been spoiled by fears of a global credit crunch, however the share market yesterday saw savvy investors snapping up banking and construction sector bargains. US markets finished up essentially where they started after ... |
| | | | The Australian share market remained sharply lower at noon, after being dragged down by a US market still racked with fear about the fall out in the US sub-prime mortgage sector. At 1200 AEST, the benchmark S&P/ASX200 index shed 165.4 points, or 2.68 ... |
| | | | The sub-prime mess has washed up on European shores, where losses swept through all 18 western European markets and caused a backwash that wiped out more than half of the U.S. markets' three-day recovery. France's biggest bank, BPN Paribas halted redemptions ... |
| | | | Is the current sub-prime calamity really another savings and loan crisis in the making, or just market noise? Consensus is that the volatility is more rollercoaster than bear-trend, and as such markets are quite capable of recovering just a quickly. ... |
| | | | A recovery on Wall St overnight should push local stocks into positive territory today, helping the market claw back some of the heavy losses suffered in trading yesterday. At 0718 AEST on the Sydney Futures Exchange, the September share price index ... |
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