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Economics

Backpedals

BENJAMIN ONG  |  MONDAY, 9 MAY 2011
The economy created an additional 244,000 jobs over the month - the biggest one-month gain in 11 months and more than even the most optimistic forecast for a gain of 200K.

Market Wrap - Midday

AAP  |  FRIDAY, 6 MAY 2011
Australian shares made up some ground in morning trade but remain lower at noon due to substantial falls in materials stocks due to lower commodity prices.

Silver bullet downs market

BENJAMIN ONG  |  FRIDAY, 6 MAY 2011
Looks like the commodity and equity markets put up a big 'SALE' sign last night.

Market Wrap - Midday

AAP  |  THURSDAY, 5 MAY 2011
The Australian share market was flat at noon after the materials sector received a boost in late morning trade.

May the Fed be with you

BENJAMIN ONG  |  THURSDAY, 5 MAY 2011
May may get you down but the smart money is smart enough not to fight the Fed.

Market Wrap - Morning

AAP  |  THURSDAY, 5 MAY 2011
The Australian market is expected to open lower on Thursday following strongly negative leads from overseas markets overnight.

Market Wrap - Midday

AAP  |  WEDNESDAY, 4 MAY 2011
The Australian dollar was almost one US cent lower at noon on Wednesday, following falls in commodity prices.

May

BENJAMIN ONG  |  WEDNESDAY, 4 MAY 2011
There really must be something in that age-old adage, "sell in May then go away".

Market Wrap - Morning

AAP  |  WEDNESDAY, 4 MAY 2011
The Australian stock market is tipped to open lower on Wednesday, following flat to lower performances by markets overseas overnight, and falls in the prices of precious metals and oil.

Market Wrap - Midday

AAP  |  TUESDAY, 3 MAY 2011
The Australian market was firmly in the red at noon, down about one per cent as investor concern continues over the high Australian dollar ahead of the central bank's interest rates decision.