MARKETS

Australian Stock Market Report – Morning 10/14/2011

The US trade deficit narrowed marginally from $45.63 billion to $45.61 billion in August. US exports fell 0.1pct while imports were flat. The trade gap with China widened to a record $29 billion in August. US jobless claims fell by 1,000 to 404,000 in the past week. The four-week moving average of claims (considered a better measure of labour market trends) fell by 7,000 to 408,000.

Australian Stock Market Report - MIDDAY 10/13/2011

The Australian sharemarket is gaining for the sixth time in seven sessions, with the All Ordinaries index (XAO) up 0.6 pct or 27.4 pts to 4293.8. Today's improvement can be partly attributed to the impressive gains out of European markets overnight, thanks to progress being made on a viable debt solution.
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Australian Stock Market Report – Morning 10/13/2011

Minutes from the last US Federal Reserve meeting highlighted that Fed officials discussed a fresh round of bond purchases among other tools to stimulate activity. However officials seemed to be holding back from a third round of QE. The minutes reiterated that the Fed had become a lot more concerned about the economic outlook.

Global Markets Overview - 10/13/2011

U.S. blue-chip stocks drove higher Wednesday, pushing the Dow Jones Industrial Average into positive territory for 2011 as investors grew optimistic about plans to recapitalize euro-zone banks. The Dow Jones Industrial Average gained 192 points, or 1.7%, to 11609 in afternoon trading, while the Standard & Poor's 500-stock index climbed 22 points, or 1.9%, to 1218 and the Nasdaq Composite advanced 41 points, or 1.6%, to 2624.

Australian Stock Market Report – Afternoon 10/12/2011

The recent rally on the share market came to an end today, with the share market posting its first loss in six sessions. The All Ordinaries Index (XAO) eased by ..pts or ..pct to ... while the S&P/ASX 200 Index (XJO) fell ..pts or ..pct to .. The XAO gained 8.9pct between last Tuesday and yesterday's close.

Oil Futures Down on Nymex

Oil futures dropped for the first day in the New York Mercantile Exchange, cracking a six-day longest gains run this year.

Australian Stock Market Report – Midday 10/12/2011

The Australian sharemarket is pulling back for the first time this week, with the All Ordinaries index (XAO) down 1 pct or 42.2 pts to 4246.6. Most sectors are lower, with the miners the worst performers in percentage terms.

September Oil Output Down: OPEC

The crude-oil output by the Organization of Petroleum Exporting Countries (OPEC) fell in September, as member-nations Saudi Arabia and Nigeria voluntarily decreased production.

Asia: Trims For China, India GDP Estimates

It was seven months to the day yesterday since the March 11 earthquake and tsunami in northeastern Japan, which then triggered the Fukushima nuclear crisis and crunched the economy.

Global Markets Overview - 10/12/2011

U.S. stocks bounced between small gains and losses a day after the Dow Jones Industrial Average posted its biggest advance in two months. The Dow shed 16 points, or 0.1%, to 11417, in Tuesday afternoon trading, following a 330-point surge Monday.

Australian Stock Market Report – Afternoon 10/11/2011

The local share market made it five wins in a row today, notching up the longest string of advances since early April. Hopes European leaders are closer to a long-lasting solution to the sovereign debt crisis gave investors a positive offshore lead, while sentiment was also boosted by a pick-up in business conditions and confidence, and ahead of the US reporting season which kicks off tonight. The All Ordinaries Index (XAO) rose 26.5pts or 0.6pct to 4288.8 while the S&P/ASX 200 Index (XJO) added...

Europe: Downgrades Intensify Crisis

Despite the solid rebound in market confidence last week (well, up to Friday night in the US), the European debt problems haven't gone away.

MetaQuotes Releases Android App For Trading

MetaQuotes Software Corp. today launched its new mobile trading platform MetaTrader 5 Android, which allows users to trade on financial markets even when away from their desktop computers.

Australian Stock Market Report - Midday 10/11/2011

The Australian sharemarket is gaining for the fifth straight day with the All Ordinaries index (XAO) up 0.6 pct or 24.1 pts to 4286.4. Despite the improvement, shares gave away some of their earlier gains as the XAO was up 1 pct after half an hour of trade.

No Faith In The October Rally

- FOREX.com expects further deterioration in global growth outlook- Risk aversion levels will thus also remain elevated- US dollar, yen and Swiss franc may strengthen on risk aversion- Risk assets such as commodities unlikely to be favouredBy Chris ShawEntering the final quarter of 2011, FOREX.

Disconnect In Uranium

By Greg PeelWhen we talk of talk of "the uranium spot price", we talk of the "U3O8 equivalent" price. However, not all traded and consumed "uranium" is in the form of U3O8, with UF6 being another molecular form.

Understanding The EFSF, Part 1: How It Compares To TARP

By Christopher Vecchio, Junior Currency AnalystTalks between French and German leaders have led to a wave of parliamentary action across the Euro-zone's members to expand the European Financial Stability Facility (EFSF).

Gold Price Rising Edging Between $1,596 - $1,677

Gold prices regained its footing on Monday posting a 1 percent uptick upon announcement that France and Germany are fast tracking updated fiscal strategies to alleviate the debilitating debt crisis affecting the Eurozone. The spot gold price is predicted to float between $1,596 and $1,677 during the day.

Global Renewable Energy to Grow Through 2035

Renewable energy is poised to grow faster than other electric generating alternatives, accounting for nearly one-third of the world's electric generating capacity by the end of 2035, with China and India projected to consume one-half of that energy growth. The burgeoning prices of crude oil and populist concerns over climate change are also seen to boost the shift to use cheaper and cleaner fuels.

Battle for Talent: Business is Booming

In the current economic climate organisations cannot afford to relax their search for talent - it's a case of secure the best and brightest, or have yours taken.

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