MARKETS

Oz Business Confidence Slumps

NAB economists were surprised to see business confidence fall in July given the MRRT resolution and are concerned by a fall in new orders.
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Australian Dollar Outlook 10/8/2010

The AUD has opened slightly weaker this morning currently trading at USD 0.9160 as many investors square up some positions before the Federal Reserve's meeting tonight.

Daily Forex Commentary 10/8/2010

A larger than forecast 3.9% decline in Australian home loans during June and disappointing ANZ job advertisements data halted the progress of the Aussie dollar in Asia yesterday as it entered offshore exchange relatively unchanged from the weeks open at 0.9185.

Australian bourse to open flat amid positive lead

The Australian share market is set to open flat on Tuesday despite a positive lead from offshore markets during the overnight session. Wall Street finished stronger and the benchmark crude oil contract settled above $US81 a barrel.

ResMed Wide Awake

Sleep disorder group ResMed delivered a solid result according to brokers, with most remaining positive on the expectation earnings momentum will continue in coming quarters.

Australian Dollar Outlook 9/8/2010

The Australian Dollar has opened this morning just under 0.9200 after breaching this level on Friday night after the market digested the release of US July non-farm payrolls that saw a decline of 131k in the month, which was more than the forecast loss of 65k.

World Market Overview

U.S. stocks fell modestly in a day of volatile trading Friday, after a disappointing jobs report cast fresh doubts over hopes for the U.S. economic recovery.

Daily Forex Commentary 9/8/2010

Friday's release of the RBA Monetary Policy statement swayed little from the recent central bank rhetoric with a relatively neutral document.

Jimmy Choo on sale yet again

Celebrity shoe provider Jimmy Choo is reportedly considering a potential sale of the business floating an asking price of $A869.11 million and as reported by the Sunday Telegraph over the weekend, the company is seeking out investment banks for further determination of its business options.

Markets: Shares Close Up

American shares recovered after earlier losses on Friday in the wake of the release of poor July jobs figures.But they ...

Earnings: Buffett's Option Hit

Warren Buffett turns 80 on the 30th of this month, and as an unwelcome advance present, his Berkshire Hathaway company h...

Mixed leads for Australian share market

The Australian share market has received mixed leads from offshore markets over the weekend, with Wall Street and oil prices closing negatively, and precious metals finishing higher.

Australian Stock Market Report - Closing

Despite a negative start, the Australian share market managed to just scrape into positive territory, ending the trading week on a positive note. The All Ordinaries Index (XAO) gained 1.4pts to 4586.3. The market rose 1.8pct over the week.

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