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Economics

Market Wrap - Morning

AAP  |  FRIDAY, 29 JAN 2010
Australian stocks are set for a weaker opening with worse than expected US employment data causing significant falls on Wall Street.

Market Wrap - Midday

AAP  |  THURSDAY, 28 JAN 2010
The Australian share market had made marginal gains by noon on Thursday ahead of US President Barack Obama's State of the Union address and US December growth figures due on Friday.

One down, more to go

BENJAMIN ONG  |  THURSDAY, 28 JAN 2010
There were no surprises contained in the Fed's statement after it concluded its two-day FOMC meeting overnight. Wall Street breathed a sigh of relief. One down!

Market Wrap - Morning

AAP  |  THURSDAY, 28 JAN 2010
Australian stocks are expected to open higher on Thursday with the Federal Reserve's positive statements about the state of the economic recovery in the US driving gains on Wall Street.

Market Wrap - Midday

AAP  |  WEDNESDAY, 27 JAN 2010
The Australian share market was about 1.5 per cent lower at noon, hit by concerns of a local rate rise, lower than expected sales by Woolworths and delays to a major mining joint venture.

Wall Street v Main Street

BENJAMIN ONG  |  WEDNESDAY, 27 JAN 2010
It's still the economy stupid! Wall Street's attention had been diverted from watching and dissecting every piece of economic news to listening to words that comes out of politicians' mouths.

Market Wrap - Morning

AAP  |  WEDNESDAY, 27 JAN 2010
Australian stocks are likely to open weaker on Wednesday after the Australia Day public holiday, with Wall Street losing ground in late trade to post a decline.

Market Wrap - Midday

AAP  |  MONDAY, 25 JAN 2010
The Australian share market was down more than one per cent at noon with falls across the major banks and resources sector, following concern about plans by US President Obama to reform the banking sector.

Now that's challenging

BENJAMIN ONG  |  MONDAY, 25 JAN 2010
We knew 2010 would be challenging, but not this way. Not like this.

Market Wrap - Morning

AAP  |  MONDAY, 25 JAN 2010
Australian stocks are expected to drop in value on Monday following significant falls in US and other world markets on Friday on moves in the US to further regulate banks.