Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Economics

Quiet Market Activity

BENJAMIN ONG  |  TUESDAY, 22 JUL 2008
Financial market activity was relatively quiet with mainly second-tier economic data released overnight, but storm in the Gulf of Mexico have re-ignited the price of crude oil.

Market wrap - midday

AAP  |  MONDAY, 21 JUL 2008
The Australian equities market powered ahead at noon as rising optimism about the troubled US financial sector helped boost local banking stocks.

This Week's Market Movers (21-25 July 2008)

BENJAMIN ONG  |  MONDAY, 21 JUL 2008
The week ahead will be a busy one, giving financial markets plenty of information to discern the near-term outlook for growth and inflation.

Market Wrap - Morning

AAP  |  MONDAY, 21 JUL 2008
The Australian stock market is expected to open higher after US stocks closed on a fairly positive note on Friday following investor optimism about the troubled financial sector.

Market Wrap - Midday

AAP  |  FRIDAY, 18 JUL 2008
Australian stocks were lower at noon as lower commodity prices hurt resource stocks and several bellweather US firms reported dissapointing earnings results after Wall St closed.

US houses continue to burn

BENJAMIN ONG  |  FRIDAY, 18 JUL 2008
The US housing market remains in freefall. It is difficult to see the end to the problems in the US economy and financial markets until the housing sector bottoms.

Market Wrap - Morning

AAP  |  FRIDAY, 18 JUL 2008
The Australian stock market is expected to open higher after US stocks ended positively on a stronger-than-expected earnings result from investment and commercial bank JP Morgan Chase and falling energy prices.

Market Wrap - Midday

AAP  |  THURSDAY, 17 JUL 2008
The Australian stock market was up one per cent noon on the back of strong gains in financials and property trusts, shadowed by falls in resources stocks.

Inflation outlook dim

BENJAMIN ONG  |  THURSDAY, 17 JUL 2008
Inflation figures released overnight indicates rising prices continue to be a problem in the US and the Eurozone.

Market Wrap - Morning

AAP  |  THURSDAY, 17 JUL 2008
The Australian stock market is expected to open higher after another steep fall in the oil price eased cost concerns in the US and helped drive Wall St over 2.5 per cent higher.