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Economics

Market Wrap - Midday

AAP  |  WEDNESDAY, 21 SEP 2011
The Australian share market gave up early gains to be slightly lower at noon, with falls by the big four banks overshadowing gains in other sectors.

Global forecast downgraded, Australia strong

RACHEL DAVIS  |  WEDNESDAY, 21 SEP 2011
The IMF's September World Economic Outlook has downgraded its global growth forecasts but has predicted that the Australian economy will grow by 3.3% in 2012, with its forecast for global advanced economies at only 1.9%.

IMF says prepare to buy

BENJAMIN ONG  |  WEDNESDAY, 21 SEP 2011
This might be it folks! The one we've all been waiting for - the catalyst, the contrarian indicator to end all contrarian indicators.

Market Wrap - Morning

AAP  |  WEDNESDAY, 21 SEP 2011
Australian stocks look set to open higher despite mixed movements on international markets overnight.

Market Wrap - Midday

AAP  |  TUESDAY, 20 SEP 2011
Australian shares were slightly down at noon, extending losses in early trade, with cautious investors buying into typically defensive sectors ahead of a highly anticipated meeting of the US Federal Reserve.

Glimmer of hope

BENJAMIN ONG  |  TUESDAY, 20 SEP 2011
European creditors have a 70.6% exposure to Greek debt, 67.9% to Ireland and 68.5% to Portugal. America is not exposed directly that much but indirectly its exposure - through credit default swaps, according to the BIS - amounts to 82.4% in Greece, 51.4% ...

Market Wrap - Morning

AAP  |  TUESDAY, 20 SEP 2011
The Australian market looks set to open little changed - or lower if it follows the slides on international markets overnight.

Market Wrap - Midday

AAP  |  MONDAY, 19 SEP 2011
Australian shares fell by around 1.6 per cent at noon, extending losses from the open as investors remain uncertain about the eurozone debt crisis.

Waiting and hoping

BENJAMIN ONG  |  MONDAY, 19 SEP 2011
The financial markets' positive reaction to the concerted action by the central banks of the US, the Eurozone, England, Japan and Switzerland to extend liquidity to European banks suggests that financial markets are not averse to more stimulus measures ...

Market Wrap - Morning

AAP  |  MONDAY, 19 SEP 2011
The Australian market looks set to open little change, from last week's positive finish.