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Economics

Market Wrap - Morning

AAP  |  THURSDAY, 11 AUG 2011
The Australian stock market looks set for another day of declines, after European and US stocks dropped sharply again overnight.

Market Wrap - Midday

AAP  |  WEDNESDAY, 10 AUG 2011
Australian stocks were higher at noon as the market held onto gains which began late on Tuesday and were boosted by a late surge overnight on Wall Street.

Fed move checks markets

BENJAMIN ONG  |  WEDNESDAY, 10 AUG 2011
By not opting for the big gun, the Fed conveyed to all and sundry that while it remains concerned over the economy's trajectory, it's not panicking - especially not over the recent slump in equity markets.

Market Wrap - Morning

AAP  |  WEDNESDAY, 10 AUG 2011
Australian stocks are looking at a brighter day today, after Wall Street staged a stunning turnaround in late trade overnight. Oil fell again, but metals generally were higher.

Market Wrap

AAP  |  TUESDAY, 9 AUG 2011
Australian stocks were dumped at the start of trade on Tuesday, as the wave of selling during overnight offshore trading swept onto local shores.

Goodbye or good buy?

BENJAMIN ONG  |  TUESDAY, 9 AUG 2011
Coming as it did on the first trading day after Standard & Poor's downgrade of America's credit worthiness, it was perfectly human for those in the don't know to attribute last night's carnage to the USA losing one A.

Market Wrap - Morning

AAP  |  TUESDAY, 9 AUG 2011
The Australian stock market is expected to follow Wall Street into another day of steep declines, after New York indices all plunged by around six per cent overnight.

Market Wrap - Midday

AAP  |  MONDAY, 8 AUG 2011
The Australian share market had clawed back some losses at noon after Standard and Poor's downgraded the United States credit rating for the first time in history over the weekend.

Market Wrap - Morning

AAP  |  MONDAY, 8 AUG 2011
Australian stocks are tipped to be pushed into the red again on Monday after America's credit rating was downgraded for the first time in its history over the weekend.

USA no longer AAA

BENJAMIN ONG  |  MONDAY, 8 AUG 2011
So what now? Will it be the end of the world as we know it? The question should really be, 'so what?'