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| | | US$1,170.30 per troy ounce. This is how much gold - the commodity, the physical metal - is currently fetching in international markets. Chances are it would go higher and it is now creating problems. Back in March this year -- when the equity markets ... |
| | | | The Australian sharemarket is set to open higher with US and European markets posting gains on positive US housing data and the impact of a weaker US dollar on commodities. At 0758 AEDT on the Sydney Futures Exchange, the December share price index ... |
| | | | Australian markets have received negative leads overall from overseas since Friday's local session. At 0807 AEDT on the Sydney Futures Exchange, the December share price index contract was down seven points at 4,694. In economics news on Monday, the ... |
| | | | Thud! Thud! Thud! This is the sound of my head banging on my desk. For I'm confused - really very confused. Wall Street again dropped big time last night - well to be more accurate, just bigger than the smaller daily falls we've gone accustomed to over ... |
| | | | What's it going to be? A strong dollar or a weak dollar policy? The short answer a strong dollar in words, a weak one in deed. Yesterday, I wrote about Uncle Timmy Geithner telling Asia that, "It's very important to the United States, to the economic ... |
| | | | "Significant challenges remain. The flow of credit remains constrained, economic activity weak and unemployment much too high. Future setbacks are possible." With these words Virginia, Benny Bernanke again set the market for risk assets alight. Equities ... |
| | | | Walt Disney lives up to its reputation - that of cheering up depression. But is Wall Street now playing with Mickey Mouse Money? Walt Disney, with a little help from its friends - JC Penney and Abercrombie & Fitch Co -brightened Wall Street's sombre ... |
| | | | The Australian sharemarket rose around 0.7 per cent in intra-day trade on Thursday morning with the biggest stocks adding around one per cent. The Australian dollar gained ground against the US dollar following the release of October employment data. ... |
| | | | Have no fear, the Fed is here...to stay. Perhaps spooked by the pause on Wall Street in recent days, the Fed found it necessary to re-assure investors that borrowing rates would remain practically free for an "extended period." As if? Yes, as if the ... |
| | | | The Australian stock market has received positive leads from overseas, with Wall Street's key stock indices higher and commodities prices firmer. At 0810 AEDT on the Sydney Futures Exchange, the December share price index contract was up 20 points at ... |
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