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Economics

Market Wrap - Morning

AAP  |  WEDNESDAY, 20 AUG 2008
The Australian stock market is expected to open lower today after US stocks fell overnight following a hefty jump in wholesale inflation.

Market Wrap - Midday

AAP  |  TUESDAY, 19 AUG 2008
The Australian share market was more than 1.5 per cent lower at noon with both the financial and resources sectors in the red.

More worries for US financials

BENJAMIN ONG  |  TUESDAY, 19 AUG 2008
It was another down day for Wall Street overnight as concerns about the financial sector resurfaced and another negative housing news overcame a drop in crude oil prices.

Market Wrap - Morning

AAP  |  TUESDAY, 19 AUG 2008
The Australian stock market is expected to open lower today after Wall Street fell overnight.

Market Wrap - Midday

AAP  |  MONDAY, 18 AUG 2008
The Australian share market was up moderately at noon as the metals & mining and energy sectors lifted, but utilities fell.

Watching the US$ and commodities

BENJAMIN ONG  |  MONDAY, 18 AUG 2008
The dearth of key market moving factors indicates this week that financial market activity will continue to focus on the rapid appreciation of the US dollar against most major currencies and the decline in commodity prices as markets factor in slower ...

Market Wrap - Morning

AAP  |  MONDAY, 18 AUG 2008
The Australian stock market has had a flat lead with New York indices closing mixed on Friday as worries about credit markets and the economy tempered investors' upbeat sentiments about falling oil prices.

Market Wrap - Midday

AAP  |  FRIDAY, 15 AUG 2008
The Australian share market was lower at noon as miners and energy producers declined after commodity prices fell overnight.

Nothing new

BENJAMIN ONG  |  FRIDAY, 15 AUG 2008
Key economic data released overnight provided no new insight for financial markets but only to confirm the current state of the world - that of slowing growth and still high inflation.

Market Wrap - Morning

AAP  |  FRIDAY, 15 AUG 2008
The Australian stock market is expected to open higher today after European and US bourses rose moderately, despite both Germany and France reporting contraction in quarterly gross domestic product (GDP).