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General

Morning Market Wrap: $A rises to fresh six-year high overnight

The Australian dollar rose to a fresh six-year high above 74.50 US cents overnight as traders anticipated key US economic data would show inflation remained weak.

Dollars rise, housing downturn risks to growth-funds manager

AAP  |  TUESDAY, 16 DEC 2003
Australian economic growth is robust but the key risks for the share markets are the rising local currency and the prospects of a housing market downturn and a sell off in the bond markets, according to a funds manager.

Midday Market Wrap: Dollar remains strong

The Australian dollar remained stronger at noon after hitting a fresh six-year high overnight, after falls in US equity markets and the continuing prospect of conflict in Iraq weakened the US dollar.

Property investment interest falls in December quarter: survey

AAP  |  TUESDAY, 16 DEC 2003
There's been a fall in the number of people who intend to invest new savings in the property sector, with managed funds growing in popularity.

Actuary urges policies to deal with inter-generational pressures

Echoing recent comments from high-ranking government officials, the newly elected president of the Institute of Actuaries of Australia, Graham Rogers, has warned Australia faces significant inter-generational issues that will lead to pressures on retirement ...

Morning Market Wrap: Greenback gains short-lived

The Australian dollar climbed back above US 74 cents to reach a fresh six-year high overnight after gains in the greenback following the capture of Saddam Hussein proved short-lived.

Equity investors confident on 2004: survey

Equity investors are likely to have their Christmas stockings stuffed full with positive returns this year, and a large proportion expect Santa will have delivered the same present next Christmas, according to a new survey.

Midday Market Wrap: Dollar, bonds weaker at noon

The Australian dollar remained weaker at noon, but was off its morning lows, after the US currency rose on news overnight that former Iraqi leader Saddam Hussein had been captured.

Morning Market Wrap: US dollar strong following Hussein capture

The Australian dollar lost ground against the US currency following news of the capture of former Iraqi leader Saddam Hussein yesterday.

Midday Market Wrap: Market up buoyed by strong gains on Wall Street

The Australian stock market was more than half a per cent higher in early afternoon trade, buoyed by strong gains on Wall Street overnight.