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Economics

Market Wrap - Midday

AAP  |  THURSDAY, 12 MAY 2011
The Australian share market was firmly in the red at noon as resources stocks fell following a drop in commodity prices and a weak lead from Wall Street.

May day mayday

BENJAMIN ONG  |  THURSDAY, 12 MAY 2011
Rising inflation. Sagging earnings. Sliding oil price. They sucker punched Wall Street down to its knees while we were sleeping.

Market Wrap - Morning

AAP  |  THURSDAY, 12 MAY 2011
The Australian market is expected to open lower on Thursday, following heavy falls on Wall Street overnight in both commodities prices and equities.

Market Wrap - Midday

AAP  |  WEDNESDAY, 11 MAY 2011
The Australian market has opened strongly following upbeat performances in markets broadly overnight.

Budget bore

BENJAMIN ONG  |  WEDNESDAY, 11 MAY 2011
It was a ho-hum Budget that even the Australian dollar was unimpressed. It hardly moved up or down.

Market Wrap - Morning

AAP  |  WEDNESDAY, 11 MAY 2011
The Australian market is expected to open higher on Wednesday, following upbeat performances in markets broadly overnight.

Market Wrap - Midday

AAP  |  TUESDAY, 10 MAY 2011
The Australian share market reversed course to trade lower by noon, dragged down by banks and investors withdrawing to the sidelines ahead of the federal budget's release on Tuesday night.

A-dollar one-point-seven-o

BENJAMIN ONG  |  TUESDAY, 10 MAY 2011
The A-dollar will inflict its maximum pain before it reaches US$1.70.

Market Wrap - Midday

AAP  |  MONDAY, 9 MAY 2011
The Australian share market continued to rise as it entered afternoon trade, with promising economic data from the US stoking buying in most sectors.

Market Wrap - Morning

AAP  |  MONDAY, 9 MAY 2011
The Australian market is expected to open higher on Monday after surprisingly strong jobs data out of the United States on Friday saw overseas markets rise.