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Economics

Bears cursed by September curse

BENJAMIN ONG  |  THURSDAY, 1 OCT 2009
General financial market optimism and momentum defeated the curse of September this year.

Market Wrap - Morning

AAP  |  THURSDAY, 1 OCT 2009
The Australian sharemarket is expected to open lower after US stocks fell as worse-than-expected US jobs data fuelled concern about the economic outlook.

Market Wrap - Midday

AAP  |  WEDNESDAY, 30 SEP 2009
The Australian sharemarket was relatively flat at noon, holding its position ahead of the release of key US economic data and an overnight fall on Wall St.

Herding 20 cats

BENJAMIN ONG  |  WEDNESDAY, 30 SEP 2009
Herding cats. There was not much movement on Wall Street overnight so let's just talk about herding cats today.

Market Wrap - Morning

AAP  |  WEDNESDAY, 30 SEP 2009
The Australian sharemarket is expected to open lower after US stocks fell as fresh data showed a fall in American consumer confidence.

Market Wrap - Midday

AAP  |  TUESDAY, 29 SEP 2009
The Australian sharemarket was nearly two per cent higher at noon led by strong gains on the financial and resources sectors.

Vote of confidence

BENJAMIN ONG  |  TUESDAY, 29 SEP 2009
Here we go again. News headlines are awash with reports - nay, warnings - that Australian interest rates are headed higher.

Market wrap - morning

AAP  |  TUESDAY, 29 SEP 2009
The Australian sharemarket is expected to open higher after takeover optimism drove US stocks higher overnight.

Market Wrap - Midday

AAP  |  MONDAY, 28 SEP 2009
The Australian sharemarket was over one per cent lower at noon on speculation that more evidence of improving company performance is needed to justify the recent run to a 12-month high.

Liquidity flow versus trade flow

BENJAMIN ONG  |  MONDAY, 28 SEP 2009
There is no mistaking that in the battle between the bulls and the bears, the thundering herd of male cows have got the upper hand over the past six months. Investor sentiment has changed from fearing being in the market to dreading being out of it.