Global Markets Overview - 09/05/2012
U.S. stocks closed mixed Tuesday after a key report showed the third straight monthly contraction in the manufacturing sector, a key engine behind the economy's still-sluggish recovery. The Dow Jones Industrial Average was down 54.90 points (0.42 percent), finishing at 13,035.94.
Australian Dollar Outlook - 09/05/2012
Bell FX Currency Outlook: The Australian Dollar has fallen to fresh six week lows overnight as global uncertainty and concerns over weakness in the Chinese economy erased gains seen yesterday.
Fonterra Apprentice Chef Program Launched in Australia, New Zealand
A mentoring program for apprentice chefs across Australia and New Zealand has been launched by Fonterra Foodservice and entries are now being accepted for Fonterra Proud to be a Chef 2013.
Australia Suburbs Where House Prices are More Appealing
It is not all gloomy in the Australia housing market. According to the latest RP Data/Australian Financial Review (AFR) data, there are some suburbs that allow investors to earn amidst disappointing price declines.
Australian Dollar Outlook - 09/04/2012
Bell FX Currency Outlook: The AUD has opened unchanged following a quiet night in currency markets with the US closed for Labor Day celebrations.
Australian Stock Market Report - Afternoon - (09/03/2012)
AFTERNOON REPORT
(4.45pm AEST)It was a volatile day on the local share market. Stocks started the trading day in the red, then received a boost mid-session, after weak Chinese manufacturing data boosted hopes of forthcoming stimulus. By close, stocks were marginally higher; with the All Ordinaries Index (XAO) adding 12.6pts or 0.3pct to 4351.6.
Australia Retail Slowdown Spells Need for More Interest Rate Cuts
Australia's retail sector showed unexpected poor sales in July and broadly trickling down to the fragile profits of businesses still gaping for low demand for exports in Europe.
Australian Stock Market Report - Midday - (09/03/2012)
The Australian share market opened weaker this morning even with the strong run on off shore market and commodities on Friday night. The US markets closed higher on Friday after Federal Reserve, Chairman Ben Bernanke, said that he hasn't ruled out further action to boost the US economy.
Australian Dollar Outlook - 09/03/2012
Bell FX Currency Outlook: The Australian Dollar is changed following the Jackson Hole symposium with US Fed Chairman Bernanke announcing few surprises.
Global Markets Overview - 08/31/2012
The Dow industrials fell to a four-week low after remarks by European leaders escalated investors' fears about the euro zone, while a measure of economic sentiment in the region slid to a level not seen in more than two years. The Dow Jones Industrial Average dropped 106.77 points, or 0.8%, to 13000.71, the lowest level since Aug. 2.
Australian Dollar Outlook - 08/31/2012
Bell FX Currency Outlook: European jitters have once again crept back into the market as risk sentiment weakened overnight.
Shell Corporate Growth Now Hinges on Earth-Friendly Measures
Constantly competing for new sustainable and environment-friendly fuels, the Shell Group focused all efforts on a prominent goal of attaining corporate efficiency by means of sustaining the environment at no matter the costs?
No Letup in Global Housing Market Downturn, Aggravating European Crisis
www.globalpropertyguide.comNo end to the global housing market downturn is yet visible, except probably in the US, according to a survey of global house price trends by the Global Property Guide. Asia is weakening, and house price falls in the worst-hit European crisis countries are dramatically accelerating.
Global Markets Overview - 08/30/2012
U.S. stocks finished slightly higher Wednesday as investors calibrated two positive readings on the U.S. economy against hopes for more help from the Federal Reserve. The Dow Jones Industrial Average edged up 4.49 points, or 0.03%, to 13107.48 for its first gain in three days.
Australian Dollar Outlook - 08/30/2012
Bell FX Currency Outlook: The Australian dollar is slightly lower this morning, currently trading around USD1.0340 as some mixed data out of the US made it difficult for the AUD to hold its ground.
Australian Dollar Outlook - 08/29/2012
Bell FX Currency Outlook: The Australian Dollar is steady this morning as rumors build European Central Bank President Mario Draghi is working towards a
breakthrough in the euro zone debt crisis.
Global Markets Overview - 08/29/2012
Stocks ended mostly lower Tuesday as an upbeat reading on U.S. housing prices was offset by a dour report on consumer confidence. The Dow Jones Industrial Average slipped 21.68 points, or 0.17%, to 13102.99. The blue-chip benchmark fell for the sixth time in seven sessions, a choppy stretch during which the Dow has fallen 172 points, or 1.3%.
Australia: Capping loan-to-value ratios for property lending urged
The Reserve Bank of Australia (RBA) is among the bodies to suggest that loan-to-value (LTV) ratios should be capped for property lending in Australia.
Australian Dollar Outlook - 08/28/2012
Bell FX Currency Outlook: The Australian Dollar is slightly weaker this morning, currently trading around USD1.0360 after a quiet night.
Sundance (SDL:ASX) Stocks Rise with Desperate Approval of Hanlong Bid
The market responded positively with the Sundance Resources (SDL: ASX) announcement that it has accepted the lower and revised takeover offer of China's Hanlong Resources.
Australian Dollar Outlook - 07/27/2012
Bell FX Currency Outlook: Weaker Chinese data helped push the AUD below 1.0400 on Friday night but the ongoing threat of more central bank stimulus has kept the AUD above the 1.0400 level this morning.
Big property surge in the Philippines!
Despite the recent floods, an extraordinary change of mood has gripped the Philippines, the sense of a new beginning.
Global Markets Overview - 08/24/2012
The Dow industrials fell the most in more than a month Thursday amid mounting doubts about the prospect of more stimulus from the Federal Reserve and concerns about the sustainability of the market's summer gains. The Dow Jones Industrial Average gave up 115.30 points, or 0.9%, to 13057.46, its biggest drop since July 20
Australian Dollar Outlook - 08/24/2012
Bell FX Currency Outlook: US Fed Stimulus hopes take a back seat as concerns over the health of the domestic mining industry, and weaker Chinese data weigh on the Australian dollar.
Sydney Pushes the Limits of Intel Ultrabook Race Challengers
The urban jungles of Sydney was the next stop for Intel's Ultrabook Race which further underscores the power of social networking anywhere, anytime.
Global Markets Overview - 08/23/2012
U.S. stocks erased earlier losses to finish the day roughly flat, as investors rode hopes that the Federal Reserve may act again to stimulate the economy. The Dow Jones Industrial Average ended Wednesday's session off 30.82 points, or 0.2%, at 13172.76, after falling as many as 83 points earlier in the session.
Australian Dollar Outlook - 08/23/2012
Bell FX Currency Outlook: The Australian Dollar is currently trading around USD1.0500 as comments from the Federal Reserve during last night's offshore trading session boosted optimism in the markets and offset the glum feeling out of Europe.
Global Markets Overview - 08/22/2012
U.S. STOCK MARKETSThe Dow finished with its biggest decline in almost three weeks Tuesday, falling for the second session in a row after knocking on the door of multiyear highs early in the session. The Dow Jones Industrial Average fell 68.06 points, or 0.5%, to 13203.58, its sharpest drop since Aug. 2.
Australian Dollar Outlook - 08/22/2012
Bell FX Currency Outlook: The Australian Dollar is relatively unchanged this morning, currently trading at USD1.0470 as low trading volumes make it hard for the AUD to hold onto the gains experienced following the RBA's release yesterday.
Global Markets Overview - 08/21/2012
U.S. STOCK MARKETSU.S. stocks took a pause Monday, with the Dow industrials ticking down for the first in three sessions, as telecommunications and consumer-discretionary shares fell. The Dow Jones Industrial Average gave up 3.56 points, or less than 0.1%, to 13271.64.The blue-chip benchmark had capped its sixth-straight weekly advance on Friday, putting it within striking distance of multi-year highs.