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Economics

Weekly Economic Roundup

Australian financial markets produced a lacklustre performance last week as the US celebrated a Thanksgiving holiday-shortened week.

Market Wrap

AAP  |  MONDAY, 28 NOV 2005
The Australian share market is expected to open firmer as another gain in US markets Friday, coupled with some multi-year highs on the London Metals Exchange sets the tone for a positive domestic market.

Daily Economic Update

A draft of the OECD semi-annual economic outlook - to be published at the end of this month - revealed upgrades to its earlier economic growth forecasts.

Daily Economic Update

The US stock market continued to rally in overnight trade supported by indications that consumer spending would remain buoyant.

Daily Economic Update

The US National Association for Business Economics (NABE) expects the Fed to interest raise rates to 4.25 per cent by the end of this year and 4.75 per cent by the end of 2006. The federal funds rate is currently at 4.0 per cent.

Market Wrap

AAP  |  WEDNESDAY, 23 NOV 2005
The Australian share market is expected to open firmer as a surge in oil and precious metal prices should help offset weakness in base metals.

Daily Economic Update

The US leading indicators rose by 0.9 per cent in October, more than negating the 0.8 per cent decline in the previous month.

Market Wrap

AAP  |  TUESDAY, 22 NOV 2005
The Australian share market is expected to open firmer as commodity prices continue to be positive and a solid lead from the US again raises the prospect of record stock levels domestically.

Daily Economic Update

Australian car buyers continue to feel the pinch of higher petrol prices. The Australian Bureau of Statistics (ABS) today reported that sales of new motor vehicles dropped by 6.7 per cent in October.

Market Wrap

AAP  |  MONDAY, 21 NOV 2005
The Australian share market is expected to open firmer and would move to fresh record highs as firmer base metal prices and generally positive equity sentiment combine to drive the local bourse higher.