BUSINESS

BOJ Stuns, Mixed Messages From US Fed

Central bank round-upBy Kathleen Brooks, Research Director UK EMEA FOREX.comCentral banks came to the fore today ? the BOJ stunned the market with its aggressive easing, the ECB's hands remain tied, the BOE stayed on hold and some Fed speakers reinforced the importance of today's NFP repor...
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Australian Stock Market Report – Midday 4-4-13

As expected, the Australian market is losing ground following weakness from global equities overnight. The All Ordinaries Index (XAO) is down 0.6 per cent to 4937.4 at lunch. With only a day of trade remaining this shortened trading week, local share have slipped by around 0.9 per cent over the past four sessions.

Worrying Signs (Again) For US Stock Markets

ADP and ISM data misses deal mild blow to USDBy Kathleen Brooks, Research Director UK EMEA FOREX.comThe problem with this US recovery and stock market rally is that no sooner are you lulled into a false sense of security that the economic recovery will continue then a data point reminds you that the...

Australian Stock Market Report – Afternoon 4-3-13

Despite a positive start on the back of gains on European and US markets overnight, the local bourse was sold off today following chatter from two US Federal Reserve Presidents that the stimulus which has been supporting the US economy since the GFC could be wound back this year.

Sideline Casualties in the Currency War

Let's begin this week's reckoning with some lip service for the performance of the S&P 500. America's big blue chip index was up 10% in the first quarter. It made a new all-time high late last week when it closed at 1569. It took six long years from the 2007 high until now. But we made it!

Australian Stock Market Report – Midday 4-3-13

Despite a slightly stronger start to the session for the 2nd day running (something which hasn't happened in 4 weeks), the All Ordinaries Index (XAO) is 0.2 per cent or 8.6 pts lower to 4986.9. Shares slumped by 2.7 per cent in March, making it the worst month of trade since May 2012.

Is This the Nokia Lumia 950? (LEAKED PHOTO)

Amid speculations that Nokia will roll out the Lumia 928 in April on Verizon Wireless, Techno Buffalo cited on Wednesday an WPCentral report that the successor to the Lumia 928 and 920, the Lumia 950, is coming out soon.

Wraith of Triple Dip Recession in UK Averted, BCC Says

The British Chamber of Commerce (BCC) has informed that there is a high probability that the wraith of a triple dip recession was averted owing to strong exports in the first three months of 2013. However, it was underlined that any recovery would be probably slow and modest.

Playboy Models Keep Clothes on in New iPhone App

In an attempt to reach the younger and tech-savvy red-blooded male market, Playboy just released an app for Apple's iPhone. However, those seeking more skin that the famous magazine's print version would be disappointed because the models keep their clothes on in the high-tech version.

Material Matters: Oil, Bulks And Platinum

-Oil prices retreat. For how long?-Iron ore, coking coal underpinned-Thermal coal under most pressure-Platinum supportedBy Eva BrocklehurstAverage oil prices retreated in March after several months of rises.

China Air Pollution-Linked Deaths Reach 1.2 Million

The numbers tell a story of China's growing air pollution menace. Claiming 1.2 million lives so far, the data from a new scientific study looking into the leading causes of death worldwide, China's latest figure accounted for 40 per cent of the world's total number of deaths.

Australian Stock Market Report – Midday 4-2-13

The Australian sharemarket is improving despite a flat finish in the U.S and an uneventful evening in Europe. Markets in Germany, France and the U.K were closed overnight due to the Easter break.

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