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Economics

Bad, bad day

BENJAMIN ONG  |  WEDNESDAY, 20 OCT 2010
This could turn out to be a positive for the financial markets because this barrage of bad news has put many of the risks and uncertainties that are still out there on the table for everyone to see.

Market Wrap - Morning

AAP  |  WEDNESDAY, 20 OCT 2010
The Australian market has received strongly negative leads from offshore trading overnight.

Market Wrap - Midday

AAP  |  TUESDAY, 19 OCT 2010
The Australian share market was higher at noon, as the market digested the minutes of the latest Reserve Bank monetary policy meeting, released late on Tuesday morning.

QE2 or bust

BENJAMIN ONG  |  TUESDAY, 19 OCT 2010
Wall Street was actually happy that it was disappointed. Because every slowing stat, each data disappointment increase the likelihood that the US dollar printing press would be up and running very, very soon.

Market Wrap - Morning

AAP  |  TUESDAY, 19 OCT 2010
The Australian market has received positive leads from offshore trade overnight, with European and US markets higher, including equities and commodities.

Market Wrap - Midday

AAP  |  MONDAY, 18 OCT 2010
The Australian share market was lower at noon, dragged down by major banks on concerns about foreclosures for US financial companies.

Queuing for QE

BENJAMIN ONG  |  MONDAY, 18 OCT 2010
My QE is bigger than yours. As the prospect of QE2 increases, so, too, is the international currency race to the bottom.

Market Wrap - Morning

AAP  |  MONDAY, 18 OCT 2010
The Australian market has received mixed leads from offshore trading over the weekend.

Market Wrap - Midday

AAP  |  FRIDAY, 15 OCT 2010
The Australian share market was weaker at noon, marking time following soft offshore leads from Wall Street overnight.

Meaning to the meaningless

BENJAMIN ONG  |  FRIDAY, 15 OCT 2010
If you think there's meaning to last night's trading activity on Wall Street, there's none. Investors are simply treading water while they wait for the US Federal Reserve and its QE2.