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Economics

Market Wrap - Midday

AAP  |  FRIDAY, 30 OCT 2009
The Australian sharemarket remained stronger at noon, albeit off its early peak, after better than expected economic growth numbers in the US overnight put a fire under the market.

Back on the road again

BENJAMIN ONG  |  FRIDAY, 30 OCT 2009
Three cheers for the US economy! Hip, hip...hooray! Hip, hip...hooray! Hip, hip...Last night it became official - the US economy was reborn, growing by a better-than-expected 3.5 per cent annualised in the third quarter.

Market Wrap - Morning

AAP  |  FRIDAY, 30 OCT 2009
The Australian sharemarket is expected to open significantly higher as Wall Street had its best day in three months on better-than-expected United States economic growth figures.

Market Wrap - Midday

AAP  |  THURSDAY, 29 OCT 2009
The Australian stock market was firmly in the red on Thursday following big losses in the financial and material sectors.

A tale of confidence

BENJAMIN ONG  |  THURSDAY, 29 OCT 2009
Let's leave hard US economic data aside for today. There's not so much we can gather from them these days anyway and perhaps for a few more months to come.

Market Wrap - Morning

AAP  |  THURSDAY, 29 OCT 2009
The Australian sharemarket is expected to continue its recent run of losses on Thursday as Wall Street fell sharply on weaker economic data and a lower forecast for upcoming growth figures.

Market Wrap - Midday

AAP  |  WEDNESDAY, 28 OCT 2009
The Australian stock market was lower at noon as major stocks fell.

Joined at the hip

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2009
Ho hum. Another day, another boring day on Wall Street. Maybe there's more action in the north across its border.

Market Wrap - Morning

AAP  |  WEDNESDAY, 28 OCT 2009
The Australian sharemarket is expected to open lower as mixed economic data gave Wall Street a mixed day of trading.

Market Wrap - Midday

AAP  |  TUESDAY, 27 OCT 2009
The Australian stock market was lower at noon and profit takers sold down and as mining and energy stocks were hurt by weaker commodities prices.