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Economics

Market Wrap - Midday

AAP  |  WEDNESDAY, 16 JUL 2008
The Australian stock market was mixed at noon as bargain hunters snapped up banking shares, hurt by a loss of confidence in key US mortgage finance firms Freddie Mac and Fannie May.

Fed Gloom

BENJAMIN ONG  |  WEDNESDAY, 16 JUL 2008
Fed Chairman Bernanke issued a downbeat assessment of US economic growth, telling Congress that the Fed sees "significant downside risks" to the growth outlook while "upside risks to the inflation outlook have intensified".

Market Wrap - Morning

AAP  |  WEDNESDAY, 16 JUL 2008
The Australian stock market is expected to open lower after US stocks sank on lingering concerns about the health of the US financial system, fanned by troubles at large mortgage financiers Freddie Mac and Fannie Mae.

Market Wrap - Midday

AAP  |  TUESDAY, 15 JUL 2008
The Australian stock market was over one per cent lower at noon, led by the big banks, after US stocks slipped on lingering concerns about the health of the financial system.

Market Jitters Redux

BENJAMIN ONG  |  TUESDAY, 15 JUL 2008
"Just when you thought it was safe to get back into the water." This was the movie JAWS 2's tagline back in 1978 and it aptly applies to the global financial markets current predicament.

Market Wrap - Morning

AAP  |  TUESDAY, 15 JUL 2008
The Australian stock market is expected to open lower after US stocks slipped on lingering concerns about the health of the financial system.

Market Wrap - Midday

AAP  |  MONDAY, 14 JUL 2008
Australian shares were lower at noon, led by miners and property trusts, on concerns the global economy is slowing amid a tightening of credit and rising energy prices.

Market Wrap - Morning

AAP  |  MONDAY, 14 JUL 2008
The Australian share market is expected to open lower today after Wall St fell over one per cent on Friday.

This Week's Market Movers (14-18 July 2008)

BENJAMIN ONG  |  MONDAY, 14 JUL 2008
Macroeconomic indicators set for release this week include US retail sales, producer prices and the UK report on inflation. The Bank of Japan's (BoJ) Monetary Policy Board also meets to deliberate on the country's interest rates.

Trouble at Threadneedle Street

BENJAMIN ONG  |  FRIDAY, 11 JUL 2008
More signs that US problems have made their way into the UK came overnight.