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| | | ... the December share price index futures contract was down 44 points at 5,294. In local economic news on Monday, the Reserve Bank of Australia releases the index of commodity prices for November while the Australian Bureau of Statistics releases business ... |
| | | | ... or 5.54 per cent, to $36.34, and Santos plunged $1.18, or 10.16 per cent, to $10.43. Among the major banks, Commonwealth Bank was off 50 cents at $81.00, National Australia Bank backtracked 23 cents to $32.70, Westpac retreated 29 cents to $32.94, and ... |
| | | | Super funds saw a further dip in returns in the September quarter, on average falling by between 60 and 80 basis points compared to the June quarter, according to the second batch of MySuper statistics released by the Australian Prudential Regulation ... |
| | | | The Reserve Bank of Australia (RBA) is more likely to cut the cash rate than raise it in 2015, according to PIMCO head of portfolio management in Australia Robert Mead. While Mead said the most likely scenario in 2015 is that rates will stay where they ... |
| | | | ... Arabia, Iraq, Kuwait and other Gulf producers can extract oil cheaply. They also -- Iraq excepted -- have a lot of cash in the bank. As a result, they can withstand a low oil price quite comfortably. On the other hand countries such as Nigeria, Venezuela ... |
| | | | ... CAC 40 0.20 per cent higher but London's FTSE down 100 index 0.09 per cent. In local economic news on Friday, the Reserve Bank of Australia releases October financial aggregates data. The FeTech magnetite and iron ore conference continues in Perth. In ... |
| | | | ... influences are the real drivers of our market today." Banks and consumer staples stocks are making strong gains. Commonwealth Bank was up 13 cents at $81.14, National Australia Bank had gained 43 cents to $32.89, Westpac had advanced eight cents to $33.15 ... |
| | | | ... expenditure for the September quarter and the HIA new home sales figures for October are due out, as is the Commonwealth Bank business sales indicator for the same month. The FeTech magnetite and iron ore conference is on in Perth. In equities news ... |
| | | | ... pretty good value around; fundamentally the market is ok," he said. The big four banks were higher, with the Commonwealth Bank up 25 cents at $80.42 in early trade, while National Australia Bank had gained six cents to $32.21, Westpac had picked up 25 ... |
| | | | The Reserve Bank is increasingly likely to defy consensus and cut the official cash rate in 2015, according to global asset manager AllianceBernstein. Consensus expectations of a 2015 rate rise are based on the assumption that a downturn in resources ... |
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