Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Economics

Bonds, where the real money is

ALEX DUNNIN  |  TUESDAY, 30 AUG 2011
World equity markets hold only $57 trillion, one-third less than the $90 trillion in world bond markets, so it might be time we paid a bit more attention to where the real money is.

Market Wrap - Morning

AAP  |  TUESDAY, 30 AUG 2011
The Australian market looks set to open higher, after wall overnight closed up two per cent as upbeat US consumer spending figures lifted hopes that economic growth will pick up and Hurricane Irene caused less damage than feared.

Market Wrap - Midday

AAP  |  MONDAY, 29 AUG 2011
The Australian dollar powered to a three-week high above 106 US cents by noon, buoyed by strength in equity markets as risk sentiment firmed following a speech by the US Federal Reserve chairman.

Market Wrap - Morning

AAP  |  MONDAY, 29 AUG 2011
The Australian market looks set to open higher if it follows Friday's international lead, despite closing lower on Friday.

US housing market needs renovation

ALEX DUNNIN  |  MONDAY, 29 AUG 2011
Until the US housing market starts to right itself it's unlikely US consumers are going to gain too much confidence and without confidence the chance of economic recovery will remain a forlorn dream.

Market Wrap - Midday

AAP  |  FRIDAY, 26 AUG 2011
Australian shares were flat at noon, falling back from early gains as nervous investors await further direction from offshore.

Coin toss

BENJAMIN ONG  |  FRIDAY, 26 AUG 2011
All eyes - or should I say, all ears - will be on US Federal Reserve Chairman Ben Bernanke from the very second he open his lips to tell the central bankers gathered at Jackson Hole his thoughts on the "Near and Long-Term Prospects for the US Economy".

Market Wrap - Morning

AAP  |  FRIDAY, 26 AUG 2011
The Australian dollar was slightly lower following poor US jobs data and as the market waits for a speech from the US central bank chairman.

Market Wrap - Midday

AAP  |  THURSDAY, 25 AUG 2011
The Australian share market was higher at noon, led by company results as reporting season continues.

Market Wrap - Morning

AAP  |  THURSDAY, 25 AUG 2011
The Australian dollar was mostly flat after better than expected US data overnight and as speculation eased that the US central bank will launch a third round of economic stimulus.