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Economics

Market wrap - midday

AAP  |  TUESDAY, 24 APR 2007
At 1221 AEST the price of gold in Sydney had fallen by $US3.35 to $US687.50 per fine ounce.

Inflation up but lower than expected

SUZY MAC  |  TUESDAY, 24 APR 2007
The producer price index - effectively the wholesale inflation rate - remained unchanged in the first quarter at an annual rate of 2.8 per cent, lower than market expectations of a 0.6 per cent rise for the quarter, leaving the annual rate losing pace ...

Market wrap - morning

AAP  |  TUESDAY, 24 APR 2007
The Australian Bureau of Statistics today releases highly anticipated Consumer Price Index data, which the market will look to for an indication of future monetary policy and a direction on official interest rates.

Market wrap - midday

AAP  |  MONDAY, 23 APR 2007
Australian stocks have had a positive morning, climbing higher as gains are posted in resources and banking stocks, supported by a rally in the US on Friday. At 1200 AEST, the benchmark S&P/ASX200 Index was 6.6 points higher at 6214.1, while the all ...

Crystal ball gets cloudy in wait for CPI figures

SUZY MAC  |  MONDAY, 23 APR 2007
Inflation figures out tomorrow will be a telling predictor into the RBA's decision on domestic interest rates next week.

Market wrap - morning

AAP  |  MONDAY, 23 APR 2007
The Australian share market is expected to open higher on the back of Wall Street's record close and strong commodity prices.

Market wrap - midday

AAP  |  FRIDAY, 20 APR 2007
The Australian share market continued on its upward trend at noon, bouncing back after yesterday afternoon's late sell-off.

Rate rise spectre saps consumer confidence

SUZY MAC  |  FRIDAY, 20 APR 2007
Flying in the face of a 4.5 per cent jobless rate, strong currency and figures showing 5.5 per cent of household finances have improved in the last month, interest rate uncertainty may account for the latest figures in consumer confidence dipping to ...

Market wrap - morning

AAP  |  FRIDAY, 20 APR 2007
The Australian share market is expected to open slightly lower despite a record close on Wall Street, after base metal prices fell overnight. On the Sydney Futures Exchange at 0655 AEST, the June share price index contract was trading down one point ...

Market wrap - midday

AAP  |  THURSDAY, 19 APR 2007
The Australian share market at noon had slipped from last night's record high following a mixed lead from New York, while resources stocks pulled the bourse lower on softer commodities prices.