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Economics

Not ugly enough

BENJAMIN ONG  |  MONDAY, 9 JUL 2012
Sorry to disappoint but financial markets could be disappointed because the US jobs numbers weren't disappointing enough to prod the Fed to unleash QE3.

Market Wrap

AAP  |  MONDAY, 9 JUL 2012
The Australian market looks set to open lower following falls on Wall Street after weaker-than-expected US jobs figures.

Market Wrap

AAP  |  FRIDAY, 6 JUL 2012
The Australian sharemarket has opened slightly lower following interest rate cuts in Europe and China.

Two cuts and a top up

BENJAMIN ONG  |  FRIDAY, 6 JUL 2012
Something must be really wrong with the world to elicit what seemingly looks very much like a concerted policy response.

Market Wrap

AAP  |  FRIDAY, 6 JUL 2012
The Australian market looks set to open slightly lower after Wall Street fell on weak US consumer spending data and concerns about the slowing pace of China's economic growth.

Market Wrap

AAP  |  THURSDAY, 5 JUL 2012
Australian stocks opened flat following a lacklustre day on European markets and Wall Street closed for the July 4 public holiday.

Waiting on the world

BENJAMIN ONG  |  THURSDAY, 5 JUL 2012
Whoever coined the phrase, "everything comes to those who sit and wait" must still be sitting and waiting for everything to come to them.

Market Wrap

AAP  |  WEDNESDAY, 4 JUL 2012
The Australian sharemarket has opened more than three quarters of a per cent higher, following strong leads on Wall Street.

IMF issues buy order

BENJAMIN ONG  |  WEDNESDAY, 4 JUL 2012
When the IMF goes cutting (growth), equities go rising.

Market Wrap

AAP  |  WEDNESDAY, 4 JUL 2012
The Australian market looks set to open higher after US and European bourses rose on hopes the European Central Bank and the Bank of England would introduce new stimulus measures this week and reports of strong June sales from the leading US auto makers.