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Economics

Market Wrap - Morning

AAP  |  MONDAY, 4 JUL 2011
Australian shares are set for a strong start to a week full of economic news after Wall Street rose on promising signs from the US manufacturing industry.

Sunny side up

BENJAMIN ONG  |  MONDAY, 4 JUL 2011
After the nerve-wracking "will it, won't it" shilly-shallying over Greece's immediate future, financial markets are back walking on the sunny side of the street.

Market Wrap - Midday

AAP  |  FRIDAY, 1 JUL 2011
The Australian dollar was softer at noon, as weak Chinese manufacturing data offset lingering positive sentiment over the Greek austerity vote.

I'm still standing

BENJAMIN ONG  |  FRIDAY, 1 JUL 2011
Call it short covering or call it end-of month, end-of quarter, end-of-year window dressing but the fact remains that investors are coming back and buying risk assets and proving that the bears - again - have no fur.

Market Wrap - Morning

AAP  |  FRIDAY, 1 JUL 2011
The Australian share market is likely to open stronger for the fourth successive day, following more rallies overnight as the Greek parliament confirmed its austerity drive.

Market Wrap - Midday

AAP  |  THURSDAY, 30 JUN 2011
The Australian stock market was firmer at noon, on track to post a third straight day of gains, with the healthcare and industrials sector leading the broader market higher.

Pigs may fly but they won't default

BENJAMIN ONG  |  THURSDAY, 30 JUN 2011
Now Greece is virtually assured of another 12 billion euros from the EU/ECB/IMF troika to tide it over until the next time it has to rollover its debt.

Market Wrap - Midday

AAP  |  WEDNESDAY, 29 JUN 2011
The Australian stock market was higher at noon, extending gains from the open amid broad-based strength led by mining and energy companies.

Just do it

BENJAMIN ONG  |  WEDNESDAY, 29 JUN 2011
For all the positive spins given to explain the big gains on Wall Street overnight, it's probably Nike that did it.

Market Wrap - Morning

AAP  |  WEDNESDAY, 29 JUN 2011
The Australian share market is expected to benefit again today, after a second day of strong performances by Wall Street.