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Economics

Market Wrap - Morning

AAP  |  WEDNESDAY, 3 OCT 2007
The Australian sharemarket is expected to open in the red, following the pull back in New York overnight.

Market Wrap - Midday

AAP  |  TUESDAY, 2 OCT 2007
The Australian sharemarket continued stellar gains at noon - albeit not quite as strongly as in earlier morning trade - following a strong lead from the US overnight which sent the Dow to its 33rd record finish for 2007.

Dollar for dollar

SUZY MAC  |  TUESDAY, 2 OCT 2007
Despite the doom and gloom coming from the mouths of former Fed Chief Alan Greenspan and Federal Reserve officials, Wall Street's record-breaking performance overnight jettisoned the Australian share market into uncharted territory at today's open.

Market wrap - midday

AAP  |  FRIDAY, 28 SEP 2007
The Australian share market remained in record territory at noon, propelled upwards by the big miners and major banks, after stronger markets in the United States.

Home sweet home

SUZY MAC  |  FRIDAY, 28 SEP 2007
Global markets seem to regaining some dignity after the sub-prime scrum and even the Dow and the S&P have managed to dust themselves off a little. However the same cannot be said for America's housing market.

Market Wrap - Morning

AAP  |  FRIDAY, 28 SEP 2007
The Australian sharemarket is expected to open higher this morning, carrying on the trend of record gains this week, after a US indicies ended higher overnight.

Market Wrap - Midday

AAP  |  THURSDAY, 27 SEP 2007
The Australian sharemarket remained on positive ground at noon after US indices finished higher and local banking stocks and big miners lifted.

Bear bargains and ambulance chasers

SUZY MAC  |  THURSDAY, 27 SEP 2007
While the past couple of months produced an abrupt reversal of easy credit in global markets, in an investor version of ambulance chasing, bargain hunters are gathering around sub-prime casualties.

Market Wrap - Morning

AAP  |  THURSDAY, 27 SEP 2007
The Australian sharemarket is positioned to open higher this morning, with metal prices patchy overnight and stocks gaining in the US.

Market Wrap - Midday

AAP  |  WEDNESDAY, 26 SEP 2007
The Australian sharemarket has opened lower after a relatively flat performance on Wall Street, as hopes of another interest rate cut by the Federal Reserve offset profit warnings from two US retailers.