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Economics

Healing US, crouching Europe

BENJAMIN ONG  |  TUESDAY, 9 NOV 2010
After all the excitement leading up to QE2, you can't blame financial markets for finding a new source to keep their juices flowing.

Market Wrap - Morning

AAP  |  TUESDAY, 9 NOV 2010
The Australian market is receiving mixed leads from offshore trading overnight. Equities were flat to lower, whilst precious metals were higher, with gold hitting a record high. Base metals were flat, as was oil before rising in late trade.

Market Wrap - Midday

AAP  |  MONDAY, 8 NOV 2010
The Australian share market was flat at noon as the miners offset a softer financial sector.

Amigos para siempre

BENJAMIN ONG  |  MONDAY, 8 NOV 2010
Australia's not only supporting the US war against terror, it's also said nothing about the US Federal Reserve's war against deflation and unemployment.

Market Wrap - Morning

AAP  |  MONDAY, 8 NOV 2010
The Australian market has received generally positive leads from offshore trading over the weekend. Equities markets were higher in both the US and Europe, as were precious and base metals and oil.

Market Wrap - Midday

AAP  |  FRIDAY, 5 NOV 2010
The Australian share market was up strongly at noon, buoyed by a broad-based rally.

Market Wrap - Morning

AAP  |  FRIDAY, 5 NOV 2010
The Australian market is receiving strong, positive leads from offshore trading overnight, with all key markets significantly higher on the back of the US Federal Reserve's stimulus announcement on Wednesday.

Market Wrap - Midday

AAP  |  THURSDAY, 4 NOV 2010
The Australian share market was higher at noon on Thursday, led by BHP Billiton as investors reacted positively to the knockback of the mining giant's bid for the world's largest fertiliser market.

QE2 is Gold(ilocks)

BENJAMIN ONG  |  THURSDAY, 4 NOV 2010
Gauging from the financial markets' reaction, it appears that the US Federal Reserve has got its QE2 recipe just right.

Market Wrap - Morning

AAP  |  THURSDAY, 4 NOV 2010
The Australian market is receiving mixed leads from overseas, although the late announcement by the US Federal Reserve on its plan to buy $US600 billion into the US economy to stimulate recovery had a positive effect on share trading late in the offshore ...