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Economics

Market Wrap - Midday

AAP  |  FRIDAY, 19 AUG 2011
The Australian dollar was more than one US cent lower on Friday, as risk sentiment deteriorated and Asian equity markets tracked Wall Street firmly into the red.

Market Wrap- Morning

AAP  |  FRIDAY, 19 AUG 2011
A slew of bad news from Europe and poor economic data from the US prompted the Australian dollar to tank almost one US cent overnight.

On the verge

BENJAMIN ONG  |  FRIDAY, 19 AUG 2011
Now, I must confess, I'm beginning to sweat.

Market Wrap - Midday

AAP  |  THURSDAY, 18 AUG 2011
The Australian share market was lower at noon on the back of weak energy stocks.

Market Wrap - Morning

AAP  |  THURSDAY, 18 AUG 2011
The Australian dollar was over half a US cent higher on Thursday, after reaching 106.00 US cents overnight for the first time in two-weeks.

Nothing happened

BENJAMIN ONG  |  THURSDAY, 18 AUG 2011
Nothing significant to change the course of history is what happened last night.

Market Wrap - Midday

AAP  |  WEDNESDAY, 17 AUG 2011
Australian shares were higher at noon, extending earlier gains with a small number of bargain hunters making up Tuesday's losses.

Market Wrap - Morning

AAP  |  WEDNESDAY, 17 AUG 2011
The Australian dollar was higher on Wednesday although risk appetite was waning, after the release of contrasting economic data from the US and Europe overnight.

A penny saved could spark a recession

BENJAMIN ONG  |  WEDNESDAY, 17 AUG 2011
Recession worries, it seems, travel fast. After doing a tour of the USA, they are now doing the rounds of Europe.

Market Wrap - Midday

AAP  |  TUESDAY, 16 AUG 2011
The Australian dollar was slightly weaker at noon on the back of a sluggish equities market.