China's fate is to be the 'swing' economy of concern for investors when fears start waning about Europe or the US, as they have over the last couple of weeks.
By Greg PeelThe Dow rose 104 points or 0.9% while the S&P gained 1.3% to 1254 and the Nasdaq rocketed 2.
By Rudi Filapek-VandyckOn October 17th I launched a quiz and the question to be answered was: what do the following ten stocks all have in common?- Campbell Brothers ((CPB))- Domino's Pizza ((DMP))- ARB Corp ((ARP))- Blackmores ((BKL))- Reckon ((RKN))- Ramsay Healthcare ((RHC))- Mc Millan Shake...
The local share market started the trading week on a very positive note, although volumes were low. Investor sentiment was boosted by impressive gains in US and European share markets on Friday, while strong Chinese manufacturing data added to the overall buying mood. The All Ordinaries Index (XAO) rose 110.2pts or 2.6pct to 4313.6 while the S&P/ASX 200 Index (XJO) gained 113pts or 2.7pct to 4255.
Once more the coming week will resemble the preceding couple of weeks for financial markets.
Do you want the good news or the bad about Greece and Europe and this week's talks?
The Australian sharemarket has kicked off the new trading week in positive fashion, with the All Ordinaries index (XAO) up 1.9 pct or 78.8 pts to 4282.2. All sectors are currently improving with the mining and energy sectors the best improvers in percentage terms.
Florida-based asset management firm Stonehenge Capital Management (SCM) announced Monday that its new direction-neutral hedge fund strategy called Forward Curve Realignment (FCR) resulted in strong returns one month after its launching.
- Oil market continues to tighten- Global inventories down and supply issues remain- Tight market should support prices- Barclays forecasting average of US$115 per barrel in 2012By Chris ShawA main theme for Barclays Capital in recent months has been a widening divergence between macro-based and phy...
European leaders are nearing agreement on a plan that would see the region's banks raise around EUR100 billion in fresh capital, said three people familiar with marathon talks taking place Sunday.
- Solid production report from Western Areas- Exploration, low costs an high grade assets make the stock attractive- Positive view offset by weaker nickel price outlook- Brokers remain divided in ratingsBy Chris ShawSeptember quarter production for nickel play Western Areas ((WSA)) was largely as th...
China's Citic Group and its subsidiary Citic Resources Holdings have agreed to accept the $5 billion takeover offer of Peabody Energy and ArcelorMittal for Macarthur Coal Ltd.
AMP Capital Investors' Chief Economist, Dr Shane Oliver gives us his assessment of China's health after the release of economic data for September and the September quarter over the past week.
Something is stirring in US-China relations, and it's not nice, and it could damage the global economy.
The death of Libyan strongman Muammar Qaddafi on Thursday gave little bearing to oil markets.Oil prices dipped at around noon London time on news of Qaddafi's capture and injuries, before advancing later.
Unless the eurozone gets its act together and contain at the soonest time possible its growing fiscal crisis, prices of commodities such as copper and iron ore will see little stability in the coming weeks or even months.
By Peter SwitzerThree of my favourite market experts are tentatively positive on shares, but they all admit that there is a capacity for officialdom to really stuff up our investments.
Bayfield Ventures Corp. on Thursday announced drilling additional significant gold and silver intercepts on its 100% owned Burns Block property in the Rainy River District of north-western Ontario.
The "safe haven" commodity gold dropped two percent Thursday as apprehensions continue to hound investors wary over the Eurozone's ability to contain its debt crisis.
Bell FX Currency Outlook: The AUD has opened around USD1.0230 this morning, despite weaker base metals which were heavily sold overnight.
By Greg PeelThe Dow closed up 37 points or 0.3% while the S&P gained 0.4% to 1215 and the Nasdaq fell 0.
Local stocks ended in the red for a second session this week, after rising on Monday and Wednesday. The rollercoaster ride continues as investors await the weekend European Union summit with hopes leaders will come up with a viable solution to the region's debt crisis.
Shares of Australia's largest gold miner Newcrest Mining fell after the company reported its September quarter gold production slid from the previous quarter.
Gold, either for short-term or long-term investing, is still be the best commodity an existing or future investor can always look into. But for those who are more into long-term investing, it makes sense to invest not only in gold but in a number of broad-basket commodity as well.
Rio Tinto Ltd. had agreed to pay C$578 million ($567 million) to acquire Canadian uranium company Hathor Exploration Ltd., dislodging an earlier higher bid by rival Cameco Corp. of Canada.
Contract prices of steelmaking ingredient coking coal will slide below $240 per metric ton between now through the fourth quarter of 2012 as nations continue to ride to a continuing global economic slowdown that will in turn ease demand for the metallurgical raw commodity, energy forecaster Wood Mackenzie said in a report Wednesday
By Greg PeelThe Dow closed down 72 points or 0.6% while the S&P fell 1.3% to 1209 and the Nasdaq was Apple sauce, down 2.
- Mixed quarterly production report for Oz Minerals- Copper solid, gold output lower- Earnings forecasts cut on lower gold guidance- Two brokers downgrade to Neutral ratingsBy Chris ShawSeptember quarter production from Oz Minerals ((OZL)) was mixed, with copper output largely as expected but gold p...
The volatility continued for investors today, with the local stock market attempting to recover some of yesterday's losses. The All Ordinaries Index (XAO) rose 25.3pts or 0.6pct to 4274.8, notching up its second win of the week. Sentiment was boosted by a newspaper report from the UK's The Guardian which suggested France and Germany have agreed to increase the size of the European stability fund to two trillion Euros.
The labor problems plaguing Qantas Airways for months now have given competitor Virgin Australia a wide opening to expand its market share.
