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Economics

Market Wrap - Morning

AAP  |  THURSDAY, 11 SEP 2008
The Australian market has received a mixed lead, with Wall Street up -- albeit just marginally -- while oil, gold and silver were down again.

Market Wrap - Midday

AAP  |  WEDNESDAY, 10 SEP 2008
The Australian stock market was awash in red at noon, down almost two per cent, mirroring heavy losses on Wall Street overnight on fears that the US's fourth-largest investment bank Lehman Brothers is running out of options to raise capital.

Market Wrap - Morning

AAP  |  WEDNESDAY, 10 SEP 2008
The Australian stock market may trade weaker today after Wall Street dropped by around two and a half per cent overnight. Oil fell commensurately, and gold, silver and copper too were lower.

One step forward, two steps back

BENJAMIN ONG  |  WEDNESDAY, 10 SEP 2008
So what is it going to be? The US equity market does not seem to know which way it is headed. One day it rallies sharply as investors convinced themselves that the worst of the crisis in the US financial sector maybe nearing the end, the next day it ...

Market Wrap - Midday

AAP  |  TUESDAY, 9 SEP 2008
The Australian stock market was in negative territory at noon, led by the resources sector and after a four per cent rise yesterday.

Funny Mae, Froggy Mac

BENJAMIN ONG  |  TUESDAY, 9 SEP 2008
Stockmarkets around the world and central bank chiefs welcomed the news of the US Treasury's bailout of Fannie and Freddie. However, we believe that it is still too early to gauge what form of animal will emerge out of this.

Market Wrap - Morning

AAP  |  TUESDAY, 9 SEP 2008
The Australian stock market has received a strong, positive lead from Wall Street this morning, although share price index futures contracts were trading down in Sydney.

Market Wrap - Midday

AAP  |  MONDAY, 8 SEP 2008
The Australian stock market was higher at noon, led by the financial sector after news that the US government would take over troubled mortgage institutions Freddie Mac and Fannie Mae.

This Week's Movers

BENJAMIN ONG  |  MONDAY, 8 SEP 2008
Data on employment and retail sales are the key Australian economic releases this week. Recall that last month's surprise 1 per cent fall in June retail sales was one of the factors that sealed last week's 25 basis point reduction in the official cash ...

Market Wrap - Morning

AAP  |  MONDAY, 8 SEP 2008
The Australian stock market has received a weak lead from overseas markets, with Wall Street ending mixed on Friday and commodities lower.