MARKETS

RBA Keeps Its Powder Dry

By Greg PeelWith the RBA board members pulling on their RBA board shorts in January and slapping on the zinc cream, this month's monetary policy meeting was the first since December.

Break-Outs For Gold And Equities

FNArena has added another video to its Investors Education section on the website. ATW's Jerry Simmons is expecting break-out moves for gold and equities this week.

Still No Action In Uranium

By Greg PeelIn what is becoming a painfully slow spot uranium market, last week saw only one transaction completed totalling a mere 75,000lbs of U3O8 equivalent, industry consultant Trade Tech reports.

The Overnight Report: Meeting Still Underway

By Greg PeelAs I write the meeting of eurozone finance ministers is continuing in Brussels. The purpose of the meeting is to assess the austerity package agreed to by the Greek government in return for the granting of another E130bn in bail-out funds to carry Greece through 2012, to be delivered in ...
More news

The Renminbi's Prospects As A Global Reserve Currency

By Eswar Prasad and Lei YeIs China's currency destined to become the dominant global reserve currency? This column argues that despite not yet having a flexible exchange rate or open capital account, China's government is pursuing 'liberalisation with Chinese characteristics'.

Graphite: Pencil It In

By Richard (Rick) MillsAs a general rule, the most successful man in life is the man who has the best informationSometime between 1500 and 1565 a large graphite deposit was discovered in Cumbria, England.

Global Markets Overview 02/17/2012

U.S. equities rose after positive news from the labor and housing markets, then drifted higher on reports of progress toward a second bailout for Greece.

The Overnight Report: Adrenalin Shot?

By Greg PeelThe Dow rose 123 points or 1.0% while the S&P gained 1.1% and the Nasdaq leapt 1.5%.As the sun set on the Asian zone and began to rise in Europe last night the mood was very sombre on heightened expectations that Greek default was now nigh.

Retailing: Now For Some Good News

A busy day for retail-related companies yesterday with Westfield Group leading the way in revealing a US joint venture and asset sales, with asset sales in the UK as well, plus reasonable 12 month results.

Increase in Australia's milk production forecast to continue

Dairy Australia's latest forecast, released today, shows that Australia's milk production is continuing to climb, with total output for 2011-12 forecast to be between 9.4 and 9.5 billion litres, up on last season's total of 9.1 billion litres.

BOE Shifts Its Stance And Greek Tail Risk Rises

By Kathleen Brooks, Research Director UK EMEA, FOREX.comThere are two forces working on the markets right now: 1, central banks in simulative mode and 2, fragile recoveries and tail risk from Europe.

The Overnight Report: The Great Unknown

By Greg PeelThe Dow fell 97 points or 0.8% while the S&P fell 0.5% to 1343 and the Nasdaq lost 0.6%.The US Federal Reserve has been adopting a new model of transparency under chairman Ben Bernanke's reign which, aside from Mr Bernanke's four-a-year press conferences, now includes disclosur...

Copper: BHP, Rio Boost Escondida’s Output, Reserves

A week after reporting massive profits and more spending on expanding their huge WA iron ore operations, BHP Billiton and Rio Tinto yesterday revealed they would spend around $US4 billion ($A3.75 billion) on the huge Escondida copper mine in Chile which accounts for around 8% of total annual global production.

Profits: JB Hi Fi Profitable, Sleep City In Trouble

Well, JB Hi-Fi survived a tough Christmas trading period, not to mention a "challenging" six months and lived to tell the tale, despite what some alarmists have been writing about the state of the consumer electronics sector.

Markets: Greece Returns To Haunt Markets

Commodity and stock markets across Asia and Europe and the US are on alert as Greece moves back to centre stage with a vital week for the stricken country to either accept sweeping cuts and a huge new round of debt, or head for default.

China: Not Slowing, Just Holidaying?

To read some of the reports of the January economic data from China, you'd be excused for thinking that a crisis is on the way as imports and exports growth slowed sharply in January and inflation rose.

Spot Uranium Grinds To A Halt

By Greg PeelThe mismatch between demand for spot uranium in Europe and supply in the US reached its ultimate conclusion last week when simply no one wanted to play.

Dojis Galore

By Rudi Filapek-VandyckFNArena has added another video to its Investors Education section on the website.

Doji's Galore

By Rudi Filapek-VandyckFNArena has added another video to its Investors Education section on the website.

No Consensus On Telstra

- Telstra interim broadly as expected- Mobiles a driver, Sensis still struggling- Minor changes to broker estimates post the result- Broker opinion remains divided on the stockBy Chris ShawInterim earnings from Telstra ((TLS)) were broadly as the market had expected, the company delivering solid mob...

The Overnight Report: Ouzos All Round

By Greg PeelThe Dow closed up 6 points while the S&P added 0.1% to 1351 and the Nasdaq rose 0.4%.Last night Greek prime minister Lucas Papademos announced that he and the opposition representatives had finally reached agreement on austerity measures after their marathon of negotiation.

Pages