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Economics

Fed decides not to decide

BENJAMIN ONG  |  THURSDAY, 25 OCT 2012
"Stocks end lower after Fed decision." This was the title of a video from 'The Wall Street Journal' that encapsulates all the other headlines that answer the 'why' for the weak performance of those scripts on The Street last night.

Market wrap AM

AAP  |  THURSDAY, 25 OCT 2012
The Australian market looks set to open lower after Wall Street was trading slightly in the red overnight but European stocks closed higher as traders digested mixed economic data before the outcome of the US Federal Reserve's monetary policy meeting.

Market wrap - late AM

AAP  |  WEDNESDAY, 24 OCT 2012
Australian stocks have opened 0.7 per cent lower, outperforming the sharp declines from offshore markets during the overnight session.

Bad everywhere news

BENJAMIN ONG  |  WEDNESDAY, 24 OCT 2012
Good news have gone AWOL.

Market wrap AM

AAP  |  WEDNESDAY, 24 OCT 2012
The Australian market looks set to open lower after Wall Street and European stocks sank on fears over debt-stricken Spain after its central bank predicted a worsening recession, and on continued US corporate earnings disappointment.

Market Wrap

AAP  |  TUESDAY, 23 OCT 2012
The Australian share market has opened more than three quarters of a per cent higher.

Too much ado over MYEFO

BENJAMIN ONG  |  TUESDAY, 23 OCT 2012
You can dissect, defend or deride the MYEFO until the cows come home to roost, the broader picture is that the MYEFO has not deviated much from the May Budget.

Market Wrap AM

AAP  |  TUESDAY, 23 OCT 2012
The Australian market looks set to open lower following Wall Street and Europe's lead as investors digested a blockbuster deal leaving British oil group BP with nearly a fifth of the Russian giant Rosneft, and took stock of a souring outlook from the ...

Market Wrap

AAP  |  MONDAY, 22 OCT 2012
The Australian share market was lower at noon after falls in Europe and drops in commodity prices.

UK becoming OK

BENJAMIN ONG  |  MONDAY, 22 OCT 2012
You can speculate all you want about what caused the big drop on Wall Street at the end of last week's trading but there's no denying that ic indicators have shifted up a gear.