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Economics

Little fish and the big picture

SUZY MAC  |  WEDNESDAY, 26 SEP 2007
The past five weeks has given some investors a classic lesson in the difficulty of timing markets.

Market Wrap - Morning

AAP  |  WEDNESDAY, 26 SEP 2007
The Australian sharemarket is likely to start the morning's trade lower, with a flat lead from Wall Street and not much positive activity among the metal prices overseas.

Market wrap - midday

AAP  |  TUESDAY, 25 SEP 2007
The Australian share market had shifted back onto positive ground at noon, as an unexpected rally driven by the miners got underway after this morning's weak opening.

Australia versus economic escargot

SUZY MAC  |  TUESDAY, 25 SEP 2007
France may be broke according to its Prime Minister, who has been airing his financial dirty linen in Corsica, but Australia by all reports is a fiscal high achiever.

Market wrap - morning

AAP  |  TUESDAY, 25 SEP 2007
The Australian sharemarket is expected to open lower today after stocks fell on Wall Street, as 73,000 workers at General Motors launched a nation-wide strike.

Both feet firmly on the high wire

SUZY MAC  |  MONDAY, 24 SEP 2007
Despite the recent wobbles in our financial market's balancing act, the Reserve Bank of Australia welcomes a reassessment of risk and takes an optimistic view of the Australian financial system.

Market wrap - midday

AAP  |  MONDAY, 24 SEP 2007
The Australian sharemarket remained stronger at noon, with the benchmark S&P/ASX 200 again knocking on the door of record highs.

Market Wrap - Morning

AAP  |  MONDAY, 24 SEP 2007
The Australian sharemarket is expected to open higher today after substantial Wall Street gains on Friday in the wake of the Federal Reserve's interest rate cut.

Market wrap - midday

AAP  |  FRIDAY, 21 SEP 2007
The Australian sharemarket had gone backwards by noon as local traders followed a weak lead from Wall Street overnight.

Sub-prime currency fall-out

SUZY MAC IS ON LEAVE  |  FRIDAY, 21 SEP 2007
With central banks lowering official interest rates in response to sub-prime induced credit crunches rather than due to fundamental parameters, we could be in for some unpredictable currency movements.