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Economics

The other race

BENJAMIN ONG  |  WEDNESDAY, 5 NOV 2008
Punters would have been better off putting their hard-earned dollar into the Melbourne Cup winner - Viewed -- yesterday than on the RBA rate cut expecting an equity market gain.

Market Wrap - Morning

AAP  |  WEDNESDAY, 5 NOV 2008
The Australian sharemarket is expected to open higher today after Wall Street advanced as voting proceeded in the United States in hope the next president will act on the financial crisis.

Market Wrap - Midday

AAP  |  TUESDAY, 4 NOV 2008
The Australian sharemarket was firmly in the red at noon, weighed down by mining stocks following largely softer metals prices overnight and a flat US lead.

Market Wrap - Morning

AAP  |  TUESDAY, 4 NOV 2008
The Australian sharemarket is expected to open flat today after a mixed performance on Wall Street on Monday.

Market Wrap - Midday

AAP  |  MONDAY, 3 NOV 2008
The Australian sharemarket has made a strong start to November, up more than two per cent at midday, driven higher by financial stocks ahead of an expected 50 basis point rate cut in interest rates by the Reserve Bank of Australia tomorrow.

October mourn

BENJAMIN ONG  |  MONDAY, 3 NOV 2008
Financial market trading activity in October ended as it began - with so much volatility. Investors' consensus interpretation of economic reports, government announcements and central bank decisions determined entry and exit into equities, currencies ...

Market Wrap - Morning

AAP  |  MONDAY, 3 NOV 2008
The Australian sharemarket is expected to open higher today after Wall Street rallied on Friday.

Market Wrap - Midday

AAP  |  FRIDAY, 31 OCT 2008
The Australian sharemarket was just over one per cent lower at noon with the major miners weighing on the market following a fall in commodity prices overnight.

It's the war, stupid

BENJAMIN ONG  |  FRIDAY, 31 OCT 2008
In this current investment environment where fear reigns and uncertainty rules, it's the war that is lending a helping hand.

Market Wrap - Morning

AAP  |  FRIDAY, 31 OCT 2008
The Australian share market is expected to open flat to positively today after commodity prices fell overnight and Wall Street posted what were, by the end of the day, reasonable gains.