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Economics

Market Wrap - Midday

AAP  |  MONDAY, 25 MAY 2009
The Australian share market was marginally in the red at noon, with losses in financial stocks countering gains in the resources sector on higher commodities prices.

Market Wrap - Morning

AAP  |  MONDAY, 25 MAY 2009
Australian shares are set for a flat opening with resource stocks to benefit from stronger commodity prices but financial stocks likely to fall after their US counterparts slumped on Friday.

Market Wrap - Midday

AAP  |  FRIDAY, 22 MAY 2009
The Australian share market had fallen more than one per cent at noon on Friday, following a night of similar losses on Wall Street.

No two ways about it

BENJAMIN ONG  |  FRIDAY, 22 MAY 2009
Financial markets stopped enjoying the tasty aroma of recovery in their soups last night after Standard & Poor's warned that it might downgrade the United Kingdom's AAA credit rating because of its widening budget deficit and ballooning national debt.

Market Wrap - Morning

AAP  |  FRIDAY, 22 MAY 2009
Australian shares are likely to fall after another US weekly unemployment claims record raised concerns that the recent rally in equities was too fast.

Market Wrap - Midday

AAP  |  THURSDAY, 21 MAY 2009
The Australian share market was weaker at noon, despite gains made by Rio Tinto and gold miners.

Acronyms pull down USD

BENJAMIN ONG  |  THURSDAY, 21 MAY 2009
Indications are emerging that markets are 'starting to heal' but 'forceful and sustained' policy actions are still needed.

Market Wrap - Morning

AAP  |  THURSDAY, 21 MAY 2009
The Australian share market may open little changed after gains in commodity prices boosts energy producers and miners, mitigating the effect of the declines in equities on Wall Street.

Market Wrap - Midday

AAP  |  WEDNESDAY, 20 MAY 2009
The Australian share market was half a per cent weaker at noon, shedding gains it had made in earlier trade.

Seeking equilibrium

BENJAMIN ONG  |  WEDNESDAY, 20 MAY 2009
No confusion here. Wall Street would not be dragged into reacting to reports that US home building has fallen to its lowest level on record. Just imagine what could have happened had this report reached the headlines six months ago?