BUSINESS

Global Markets Overview – 11/4/13

The US dollar continues to enjoy a steady recovery with some positive readings on Friday helping it extend its gains. Driving the greenback was a strong ISM report (56.4 versus 55 expected) which saw the US dollar index rise to 80.72. Tapering is the main topic at the moment and every time we receive positive economic readings, expectations of tapering by the end of the year gain momentum. Fed speakers were also a key theme in Friday's trade; with one of the well documented doves, James Bulla...

Australian Stock Market Report – Morning 11/4/13

In US economic news, the ISM manufacturing gauge rose from 56.2 to 2½-year high of 56.4 in October, ahead of forecasts for a result near 55.0. But vehicle sales rose from 15.21 million to 15.23m in October, short of forecasts near 15.4m due to weaker truck sales.

A Trader's Wrap

By Chris Weston, IG MarketsMarkets opened on a modestly positive footing, with US futures opening an hour later for Asia-based traders and heading a touch higher.

Heart-Tugging Wedding Scenes in Nexus 5’s New Commercial

The much-awaited Google Nexus 5 smartphone has finally arrived, offering the purest Android experience, while granting its owners access to the latest Android 4.4 KitKat OS. Since owners get updates directly from Google, they don't need to wait for hardware OEMs or carriers to release customised updates.
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Global Markets Overview –11/1/13

Reading the moves on the market yesterday I was struck by how limited the moves really were and the tepidness of volumes throughout the entire market.

Australian Stock Market Report – Morning 11/1/13

In US economic news, the Chicago PMI surged from 55.7 to 65.9 in October. This was a high since March 2011. The main driver of the jump was a surge in orders from 58.9 to 74.3. Production jumped from 58.0 to 71.1 and employment lifted from 53.2 to 57.7. Initial jobless claims dipped from 350k to 340k in the past week.

Australian Stock Market Report – Midday 10/31/13

The All Ordinaries Index (XAO) lost ground from the start of today's trading session hit by weakness in the banking sector. Overnight the US Dow Jones Index overnight, closed weaker after the latest statement from the US central Bank (The Federal Reserve) showed little change over the last month.

Oil And The Libyan Effect

By Jonathan BarrattWe continue to be bearish oil in 2014, however we are fully aware the market takes time to find its terminal point given a particular set of ideas.

Australian Stock Market Report – Morning 10/31/13

In US economic news, consumer prices rose by 0.2pct in September with the core rate up 0.1pct, below forecasts for a 0.2pct gain. The ADP employment index shows that 130,000 private sector jobs were created in October, below forecasts of a 150,000 gain.

Australian Stock Market Report – Afternoon 10/30/13

Despite giving back some of the more significant gains recorded at midday, the Australian market still managed to rise for the fourth time in five trading sessions and for the 10th time in 12. Chinese economic data out over the past few weeks has been largely promising while the political situation in the US is in better shape for now.

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