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Economics

Fed & RBA on the ball

BENJAMIN ONG  |  THURSDAY, 18 NOV 2010
It seems that despite the momentary shock to the system, the financial world hasn't really changed all that much.

Market Wrap - Morning

AAP  |  THURSDAY, 18 NOV 2010
The Australian market is receiving mixed leads from offshore trading overnight. European markets were clearly higher while Wall St is flat in afternoon trade. Precious metals were mixed, and oil was down.

Market Wrap - Midday

AAP  |  WEDNESDAY, 17 NOV 2010
The Australian sharemarket was firmly in the red at midday with losses in all sectors, following falls on overseas markets overnight.

Whac-a-mole 2.0

BENJAMIN ONG  |  WEDNESDAY, 17 NOV 2010
Investors fled risk assets big time overnight fearing more tightening measures in Beijing and a potential contagion into other European countries if Ireland blows up.

Market Wrap - Morning

AAP  |  WEDNESDAY, 17 NOV 2010
The Australian market is receiving strongly negative leads from offshore trading overnight, with all key indices and commodities significantly lower.

Market Wrap - Midday

AAP  |  TUESDAY, 16 NOV 2010
The Australian share market was flat at noon, as financials offset a weaker resources sector.

Thanks but no thanks

BENJAMIN ONG  |  TUESDAY, 16 NOV 2010
Financial markets now fear that the Fed's effort to goose economic growth would bump up inflation - not good for bonds.

Market Wrap - Morning

AAP  |  TUESDAY, 16 NOV 2010
The Australian market is receiving generally positive leads from offshore trading overnight, with Wall Street indices higher, along with precious metals. Oil was flat.

CBA posts $1.6bn quarterly profit

JOHN MCDULING  |  MONDAY, 15 NOV 2010
The Commonwealth Bank has unveiled a $1.6bn cash profit for the September quarter, with wealth management and insurance continuing to play a key role for the company.

Recycled fear

BENJAMIN ONG  |  MONDAY, 15 NOV 2010
Wall Street dropped big time at the end of last week's New York trade because it hit the great wall of China.