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Economics

Market wrap

AAP  |  THURSDAY, 10 MAR 2005
Australian shares are expected to open lower today after a fall in US stocks overnight as high oil prices raised concerns of an impact on consumer spending.

Market wrap

AAP  |  WEDNESDAY, 9 MAR 2005
The Australian sharemarket is expected to open weaker following a fall in US stocks overnight.

Market wrap

AAP  |  TUESDAY, 8 MAR 2005
Australian shares are expected to open mildly stronger following tech stock-driven gains on Wall St overnight.

Market wrap

AAP  |  MONDAY, 7 MAR 2005
The Australian share market is expected to start the week on a strong note, taking its lead from Wall Street where stocks rose to their highest close in more than three years.

Market wrap

AAP  |  FRIDAY, 4 MAR 2005
The Australian share market is expected to open firmer today as a positive lead from US blue chips is likely to help the local bourse this morning.

Market wrap

AAP  |  THURSDAY, 3 MAR 2005
The Australian share market is expected to open weaker across the board as a poor lead from US markets provides little positive direction for the local bourse.

Higher interest rates ahead

The Reserve Bank this morning announced a rate hike of 25bp, to 5.5 per cent, citing stronger inflationary pressures and domestic demand as their reason for doing so in March.

Market wrap

AAP  |  WEDNESDAY, 2 MAR 2005
The Australian share market is expected to open firmer, although all eyes will be firmly on the Reserve Bank of Australia at 9:30am today.

Market wrap

AAP  |  TUESDAY, 1 MAR 2005
The Australian share market is expected to open weaker today, as a poor lead from offshore markets is likely to hit the domestic market today.

Market wrap

AAP  |  MONDAY, 28 FEB 2005
The Australian share market is expected to open firmer today as a strong lead from offshore markets is expected to provide a positive bid tone for the local bourse.