MARKETS

Disappointment was the theme of the trading day, after European Central Bank chief Mario Draghi last night missed his opportunity to become Super Mario. Despite bold commentary late last week, the ECB took no firm action to inject more stimulus into the global economy. The ECB instead left its refi rate unchanged at 0.75pct, with the Bank of England also leaving rates on hold at 0.5pct. The disappointment caused US and European investors to sell out of equities last night and the same occurred h...

The Australian sharemarket is losing ground for the second time this week. The All Ordinaries Index (XAO) is down 1 pct or 42 pts to 4248.1. No sectors are escaping the selling, with the miners by far the biggest drag on trade.

On Yesterday’s Electric Avenue Show – I shared an insight into what I see as ‘The Way Forward For The Major Real Estate Portals’ + A FREE Tool for Real Estate Agents who are looking to Building Their Online Profile (newly released via one of the major portals).

By Greg PeelThe Dow closed down 92 points or 0.7% while the S&P lost 0.7% to 1365 and the Nasdaq fell 0.

The Australian sharemarket edged higher today for the fifth time in six sessions. The All Ordinaries Index (XAO) rose by just 0.2 pct or 7.4 pts to 4290.1, receiving a boost by some better than expected economic news earlier in the day. Despite the gains, investors still seemed cautious to overcommit to markets ahead of the all-important European Central Bank (ECB) meeting tonight. ECB President, Mario Draghi last week hinted at stimulus and now has much to live up to.

The Australian share market lost some ground for the first time in five trading sessions yesterday. Overnight most European markets moved higher as investors positioned themselves ahead of the European Central Bank (EBC) meeting tonight. US markets were only slightly lower before the outcomes of the 2 day meeting of the US Federal Reserve (FED RES) were revealed. Unfortunately the FED RES did not give investors what they were expecting. The views of the Fed members were in line with our current ...

Despite the drought in different parts of the country, Australia still managed to export in the last five years $216 million worth of water. Data from the Department of Foreign Affairs and Trade (DFAT) said the water exports were made up of natural, mineral, aerated, flavoured and sugared water, snow and ice.

By Greg PeelThe Dow closed down 32 points or 0.3% while the S&P lost 0.3% to 1375 and the Nasdaq fell 0.

The Australian sharemarket lost some ground for the first time in five trading sessions today. The All Ordinaries Index (XAO) eased by 0.2 pct or 6.7 pts to 4282.7. Two worse than expected economic reports issued in China kept the market in negative ground for much of the day.

Money, although most people don't view it as such, is technology.

We saw a big turnaround in market sentiment overnight. The excitement of more central banks stimulus was washed away by end of month trading and concern over weak employment and sales numbers out of Europe. European markets are still awaiting the outcome of The European Central Bank (EBC) meeting on Thursday. Overnight the news that the, 17 nation, Eurozone saw its unemployment rate climb to a new Euro-era high of 11.2% hit the markets hard.

Roy Hill Holdings, owned by Australia's richest woman Gina Rinehart, signed its first sales contract with a Chinese steelmaker to provide iron ore. Roy Hill inked in Beijing on Thursday the agreement with Shougang Group, one of the largest steel companies in China.

Based on an assessment of the cost of generating electricity using 40 different technologies until 2050, a report released on Tuesday identified nuclear and wind power as competitive energy alternatives to coal-fired power.

FNArena has added another video to its Investors Education section on the website. This week ATW's Jerry Simmons starts off his commentary on a regularly covered topic, the EUR/USD Weekly chart, pointing out the low reached last week is in an extremely important technical area of a prior weekly...

Amazon.com Inc., a Seattle-based company, reported quarterly results. According to data, Amazon's sales growth had slowed down outside the U.S. and in addition, its profit margins had decreased as the company continued to invest in warehouses so that the delivery speeds would improve in the near future.

By Greg PeelThe Dow fell 64 points or 0.5% while the S&P lost 0.4% to 1379 and the Nasdaq dropped 0.2%.

The Australian sharemarket edged higher today for the fourth straight session, following strong gains in European markets overnight. The All Ordinaries Index (XAO) rose by 0.5 pct or 22.5 pts to 4289.4.

Once again European market rallied higher overnight, ahead of the outcome of The European Central Bank (EBC) meeting on Thursday. Then the market is expecting the ECB will announce new stimulus measures for the European economy. The US markets lost a little ground by the close as investors held back from buying ahead of the outcome of the US Federal Reserve´s 2 day meeting that kicks off later tonight.

By Greg PeelIn early 2008, world grain prices spiked as a variety of weather issues combined across the globe, from drought in Australia to floods and droughts elsewhere across the world's major grain growing areas.

Exxonmobil announced on Monday that it has started to drill for natural gas in Papua New Guinea (PNG) as part of its $15.7-billion PNG LNG venture. The drilling is at the Hides natural gas field at PNG's highlands.

By Andrew NelsonWhile spot prices continue to falter, many in the market are growing increasingly upbeat about the prospect for uranium prices and the share prices of producers.

By Greg PeelThe Dow fell 2 points while the S&P was flat at 1365 and the Nasdaq lost 0.4%.And then suddenly, nothing happened.

The Australian sharemarket improved for the third consecutive trading session today, with the All Ordinaries Index (XAO) up 0.8 pct or 32.5 pts to 4266.9. Almost all sectors ended the day higher, with the exception of the energy players which ended largely flat.

Once again global market rallied higher on Friday, boosted by renewed expectations that The European European Central Bank (EBC) will announce a new form of stimulus for the European markets when it meets on Thursday. On Friday night the German Chancellor Angela Merkel, French President Francois Hollande and Italian Prime Minister Mario Monti all agreed more needs to be down to help stabilise the markets and the Euro. The market is now expecting this will mean that the ECB could resume its bonds...

Due to soaring energy prices because of gas shortage caused by the export of coal seam gas (CSG) to Asia, Queensland residents are clamoring to reserve 15 per cent of the state's gas reserves for domestic use.

Asian Markets rallied on Friday due to reassurance made by European Central Bank President Mario Draghi that "the ECB is willing to do whatever it takes to preserve the euro," whilst Samsung Electronics noted record profit.

Japan based company; Toshiba Corp has made plans to cut down their production of flash memory chips by about 30% after facing problems of tumbling prices and oversupply of their chips. Toshiba is one standout performer among the battered chipmakers in the country of Japan.

After over a year of the scandal with the Murdoch's media empire in United Kingdom, Rupert Murdoch, aged 81, has decided to resign from a string of directorship controlling News Corporation' U.K. newspapers behind The Sun, The Times and The Sunday Times.

Thanks to a strong session, the Australian market finished the week a touch higher. The All Ordinaries Index (XAO) gained by 1.5 pct or 60.6 pts to 4234.4. The mining, energy and financial sectors all ended significantly higher, with some of the country's largest miners leading the way.