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Economics

Market Wrap - Midday

AAP  |  TUESDAY, 8 DEC 2009
The Australian sharemarket remained slightly higher at noon as the heavyweight mining and gold stocks rebounded from falls on Monday.

Low rates to stay

BENJAMIN ONG  |  TUESDAY, 8 DEC 2009
The US Federal Reserve would not raise interest rates until the American economy has stronger legs to stand on.

Market Wrap - Morning

AAP  |  TUESDAY, 8 DEC 2009
Australian shares may open little changed after mixed leads from US markets.

Market Wrap

AAP  |  MONDAY, 7 DEC 2009
The Australian sharemarket has opened 0.3 per cent higher, led by stocks with US operations and wealth managers, after the US unemployment rate declined unexpectedly.

We're still in Kansas

BENJAMIN ONG  |  MONDAY, 7 DEC 2009
The sun shone, the sky blued and everything became beautiful when reports that the US unemployment rate dropped to 10.0 per cent in November - not the 'it would remain at 10.2 per cent or higher' expected by consensus.

Market Wrap - Morning

AAP  |  MONDAY, 7 DEC 2009
Australian shares are likely to open moderately higher after equities in the US and Europe gained on a report that showed job cuts in the US slowed sharply in November.

Market Wrap - Midday

AAP  |  FRIDAY, 4 DEC 2009
The Australian sharemarket was more than one per cent lower at noon, in a broad-based declined led by the miners, after the US market declined overnight.

Dummy spit

BENJAMIN ONG  |  FRIDAY, 4 DEC 2009
You are the definition of moral hazard!

Market Wrap - Morning

AAP  |  FRIDAY, 4 DEC 2009
The Australian market has received mixed leads from overseas trading overnight, with Wall Street indices flat, precious metals mixed and oil flat.

Market Wrap - Midday

AAP  |  THURSDAY, 3 DEC 2009
The Australian sharemarket was higher at noon, led by smaller commodity companies, discretionary retailers and media stocks.