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Economics

The QE Paradox

BENJAMIN ONG  |  FRIDAY, 10 AUG 2012
This paradox states that the more equity markets rise - and European bond yields fall - on expectations of central bank quantitative easing announcement/action, the greater the likelihood that there won't be any QE.

Market Wrap

AAP  |  FRIDAY, 10 AUG 2012
The Australian market looks set to open slightly higher after a seesaw session overnight on Wall Street, which ended flat, uninspired by modestly promising US jobs and trade data.

Market Wrap

AAP  |  THURSDAY, 9 AUG 2012
Australian shares opened slightly higher as the resources sector posts gains after Rio Tinto predicted China would have a quick recovery in its pace of growth.

Known knowns

BENJAMIN ONG  |  THURSDAY, 9 AUG 2012
It's still many, many sleeps before Christmas yet last night seems to be "the night before Christmas, when all through the house, not a creature was stirring, not even a mouse."

Market Wrap

AAP  |  THURSDAY, 9 AUG 2012
The Australian market looks set to open higher.

Market Wrap

AAP  |  WEDNESDAY, 8 AUG 2012
Australian shares opened slightly higher following gains on Wall Street and Europe.

Blahs take the blues away

BENJAMIN ONG  |  WEDNESDAY, 8 AUG 2012
The blah relay that's playing at the moment could be just empty rhetoric, but if it succeeds in reviving optimism - and/or scaring the bears away - central banks and governments may not need to spend a single dime to bring animal spirits back into the ...

Market Wrap

AAP  |  WEDNESDAY, 8 AUG 2012
The Australian market looks set to open higher after Wall Street finished higher on optimism the US and European central banks may act to stimulate their respective economies.

Market Wrap

AAP  |  TUESDAY, 7 AUG 2012
Australian shares opened stronger, buoyed by overnight leads and hopes the European Central Bank will take action soon to relieve the euro zone debt crisis.

Double A USA - the scare that wasn't

BENJAMIN ONG  |  TUESDAY, 7 AUG 2012
Speaking of hope, Sunday (5 August) marked the anniversary when Standard & Poor's tried to extinguish hope and prayers and wishes.