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Showing 1 - 9 of 9 results for "US rally"

COVID-19 damage to stretch several quarters: Natixis IM

ALLY SELBY  |  TUESDAY, 14 APR 2020
Despite global market rebounds, Natixis Investment Managers believes the economic damage of the COVID-19 pandemic will stretch several quarters beyond the containment of the virus. There are now nearly two million confirmed cases of the coronavirus ...

Chief economist update: Powell Power

BENJAMIN ONG  |  THURSDAY, 29 NOV 2018
We may have a Santa Claus rally this year after all! US Federal Reserve chairman Jerome Powell spooked us all - in the Halloween month of October - when, in an interview with PBS, he declared that: "The really extremely accommodative low interest rates ...

Beyond 6000

BENJAMIN ONG  |  WEDNESDAY, 8 NOV 2017
After three attempts over the past 10 years, the S&P/ASX 200 index finally got there - it broke above the formidable 6000-point resistance level. The Australian equity market's benchmark index closed up by 1% yesterday - a hefty day index return by ...

Market wrap AM

AAP  |  TUESDAY, 13 MAY 2014
... March share price index futures contract was up 31 points at 5,468. Analysts said there was no obvious catalyst for the US rally, but pointed to a sense in the market that technology stocks had been oversold as investors worried the sector was overvalued. ...

Market Wrap - Morning

AAP  |  TUESDAY, 18 SEP 2012
SYDNEY - The Australian market looks set to open flat despite falls on Wall Street overnight as euphoria over the Federal Reserve's new QE3 stimulus fade amid concerns about weakness in US manufacturing and anti-American unrest in the Middle East. At ...

Budget me a recovery

BENJAMIN ONG  |  MONDAY, 4 MAY 2009
Good news begets good news. The number of headlines and stories trumpeting that we are getting close to the end of the global financial crisis tunnel had been increasing over the past few weeks. Equity markets like these. They rallied and continue to ...

Savings paradox

BENJAMIN ONG  |  THURSDAY, 12 MAR 2009
Yesterday's strong rally on Wall Street was followed by a flat performance overnight. Is Wall Street catching its breath before taking another jump? Or is it taking a deep breath for diving? Such is the uncertainty created by the current global economic ...

Market Wrap - Midday

AAP  |  FRIDAY, 17 OCT 2008
... higher at 4071, on a volume of 18,432 contracts. Bell Potter Securities senior client adviser Stuart Smith said despite a US rally, it was shaping up to be a "wishy-washy" day on the market at home. "We started off on a great rush but it's really turned ...

Midday Market Wrap: Market buoyant following US rally

The Australian stock market remained in a buoyant mood by midday following a strong rally on US markets overnight. The benchmark S&P/ASX 200 index was 26.9 points higher at 3198.4 by 1215 AEDT while the all ordinaries index added 27 points to 3202.7. ...
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