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Economics

Waiting to exhale

BENJAMIN ONG  |  TUESDAY, 10 AUG 2010
At least just for the day's trading, I don't see any reason for the market to move up based on the Fed's action - whatever it may be.

Market Wrap - Morning

AAP  |  TUESDAY, 10 AUG 2010
The Australian stock market has received a positive lead from offshore markets during the overnight session, with Wall Street closing higher and the benchmark crude oil contract settling above $US81 a barrel.

Market Wrap - Midday

AAP  |  MONDAY, 9 AUG 2010
The Australian stock market was higher at noon, led by a rally in the resources sector and hopes the US Federal Reserve could provide more stimulus to the economy following weak jobs figures.

Not a jobless double-dip

BENJAMIN ONG  |  MONDAY, 9 AUG 2010
What the latest US employment report indicates is that this is another "jobless recovery". Yes it is "jobless" but the economy is also in "recovery".

Market Wrap - Morning

AAP  |  MONDAY, 9 AUG 2010
The Australian stock market received mixed leads from offshore markets over the weekend, with Wall Street closing lower and oil prices ending weaker, but precious metals were higher.

Market Wrap - Midday

AAP  |  FRIDAY, 6 AUG 2010
The Australian stock market was lower at noon, led down by weakness among financial stocks and following a flat finish on offshore markets overnight.

Squared

BENJAMIN ONG  |  FRIDAY, 6 AUG 2010
Investors weren't there on Wall Street last night, but they've more than squared (their positions).

Market Wrap - Midday

AAP  |  THURSDAY, 5 AUG 2010
The Australian stock market was higher at noon as resource companies underpin the local bourse.

Good newer news

BENJAMIN ONG  |  THURSDAY, 5 AUG 2010
It had been typical in recent times that most US data releases can be spun both ways - negative or positive - depending on one's preconceived view or predilection of how the money world is shaping.

Market Wrap - Midday

AAP  |  WEDNESDAY, 4 AUG 2010
The Australian stock market was lower at noon, dragged lower by financial stocks.