Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Economics

Market Wrap - Morning

AAP  |  WEDNESDAY, 7 JUL 2010
The Australian market is expected to open higher after a rebound on Wall Street and on most major world markets on Tuesday.

Market Wrap - Midday

AAP  |  TUESDAY, 6 JUL 2010
The Australian share market lost around 0.7 per cent in opening trade, touching a fresh 12-month low on a weak European lead as local investors awaited the Reserve Bank of Australia's interest rate decision later on Tuesday.

Just a typical pause

BENJAMIN ONG  |  TUESDAY, 6 JUL 2010
What we're looking at is an invisible wall, which we've run into here. Which, essentially, as far as I can see, is a typical pause that occurs in an economic recovery". Alan Greenspan

Market Wrap - Morning

AAP  |  TUESDAY, 6 JUL 2010
The Australian market received mostly flat to negative leads from major Asian and European markets on Monday as Wall Street remained closed for the July 4 Public Holiday in the US.

Market Wrap - Midday

AAP  |  MONDAY, 5 JUL 2010
Resources stocks propped up the Australian share market in quiet intra-day trading, with the strong bid for Centennial Coal Ltd signalling the minerals resource rent tax will attract foreign capital into Australia.

Every recovery starts jobless

BENJAMIN ONG  |  MONDAY, 5 JUL 2010
Job gains may be slow in coming? But they are coming. And isn't this the experience from previous recessions? Jobs always lag the economic cycle. That's why every economic upturn is thought to be a jobless recovery.

Market Wrap - Morning

AAP  |  MONDAY, 5 JUL 2010
The Australian market is likely to open weaker on Monday after an unexpected decline in the US unemployment rate had US stocks close lower on Friday.

Market Wrap - Midday

AAP  |  FRIDAY, 2 JUL 2010
The Australian share market was making gains at noon, following the scrapping of the Resources Super Profits Tax.

Bad news bears

BENJAMIN ONG  |  FRIDAY, 2 JUL 2010
The trifecta of bad economic data out of the US overnight had the financial markets assuming that everything is going wrong for America or will go wrong...eventually.

Market Wrap - Morning

AAP  |  FRIDAY, 2 JUL 2010
The Australian market has received strongly negative leads from offshore trading overnight, with key Wall Street indices all closing lower again, and metals and oil also all down.