Christine Gaylican

Bell FX Currency Outlook: The Australian Dollar has opened fairly unchanged this morning after trading to a high of USD1.0245 overnight during the European session.

Nervousness about Europe's debt crisis, an economic slowdown in China and the onset of domestic earnings season pushed U.S. stocks lower for a third-straight day Monday. The Dow Jones Industrial Average shed 36.18 points, or 0.3%, to 12736.29. The Standard & Poor's 500-stock index gave up 2.22 points, or 0.2%, to 1352.46.

Bell FX Currency Outlook: The Australian Dollar continues to hover around the USD1.0200 level, despite weaker offshore equity markets and continued concerns about the European recovery.

U.S. stocks fell sharply Friday to cap a holiday-shortened week marred by weak readings on the U.S. economy. The Dow Jones Industrial Average finished Friday off 124.20 points, or 0.96%, at 12772.47, as investors responded to a third consecutive month of employment data that were worse than expectations.

Bell FX Currency Outlook: The Australian Dollar retreated from its recent highs on Friday night after the June US non-farm payrolls came in lower than expected with 80,000 new jobs created versus the 100,000 generally predicted.

Bell FX Currency Outlook: The Australian Dollar had a brief boost to two month highs after the UK and European Central banks announced fresh bouts of stimulus overnight.

Actions by central bankers to juice the global economy failed to excite investors Thursday, while signs of hope on the U.S. jobs front also weren't enough to push stocks higher. The Standard & Poor's 500-stock index dropped 6.44 points, or 0.5%, to 1367.58, while the Dow Jones Industrial Average fell 47.15 points, or 0.4%, to 12896.67.

Bell FX Currency Outlook: While the Australian Dollar briefly pushed through USD1.0300 late in our trading session yesterday, it has since retreated back, currently trading at USD1.0260, as markets wait for the outcome at tonight's European Central Bank meeting.

Trading volumes were low, with the U.S. market closed for the Independence Day holiday. Analysts widely expect the European Central Bank to announce a 25-basis-point interest rate cut Thursday, but a recent deterioration in economic data has many market participants hoping for a cut that's twice as deep

U.S. stocks rose in a shortened pre-holiday session as surging oil prices bolstered energy shares and factory orders rebounded more than expected. The Dow Jones Industrial Average climbed 72.43 points, or 0.6%, to 12943.82. The Standard & Poor's 500-stock index added 8.51 points, or 0.6%, to 1374.02.

Bell FX Currency Outlook: The Australian Dollar has opened just under the USD1.0300 level as investor risk appetite improved overnight.

Bell FX Currency Outlook: The Australian Dollar has opened this morning firmly above 1.0200 after a breakthrough in the EU summit in Brussels late last week. European bailout funds will be directly lent to Spanish banks (rather than to the Spanish government).

The Standard & Poor's 500-stock index posted its biggest daily gain of the year, an exclamation mark on stocks' best June in more than a decade, as investors cheered European leaders' progress on the region's debt problems.

Bell FX Currency Outlook: The Australian Dollar has opened weaker this morning with markets skittish as European leaders commenced their two day summit in Brussels.

Major benchmarks trimmed earlier sharp declines in the final hour of trading to finish modestly lower, as optimism for possible aid to debt-strapped European countries pared losses that followed another weak round of U.S. economic data and a Supreme Court health-care decision

Investors pushed stocks to a second consecutive day of gains as a rise in oil prices and positive readings on the U.S. housing sector lifted sentiment ahead of a two-day European summit meeting.

Bell FX Currency Outlook: The Australian Dollar is slightly higher this morning, currently trading at USD1.0080 ahead of another two day European summit.

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Bell FX Currency Outlook: The Australian Dollar is trading slightly higher this morning on renewed thoughts the RBA will leave the cash rate on hold at its meeting on July 3 and that the Australian economy, in general, is holding up in the face of Europe's woes.

Consumer discretionary and energy shares led a modest rebound in U.S. stocks after data showed home prices fell less than expected in April. The Dow Jones Industrial Average climbed 32.01 points, or 0.3%, to 12534.67.

Bell FX Currency Outlook: The Australian Dollar dipped below Parity last night (a "reverse" Parity party) as headlines started to emerge ahead of this week's EU summit as clear signs are yet to emerge the global industrial cycle has bottomed and a lack of policy clarity from the euro area being evident.

Bell FX Currency Outlook: After all the volatility of the last week or so the Australian Dollar starts the week over parity after fairly benign announcements on Friday.

A rebound by banks and health-care shares helped push blue chips higher, although not enough to help them avoid a losing week. The Dow Jones Industrial Average rose 67.21 points, or 0.5%, to 12640.78, Friday.

Global-growth worries slammed stocks Thursday, triggering a bearish recommendation from Goldman Sachs that accelerated declines and helped drive major benchmarks to their second-biggest one-day drop of the year.

Bell FX Currency Outlook: The Australian Dollar has taken a nose dive as global markets suffer heavy falls after disappointing economic data from China and Europe weighs on the market.

Bell FX Currency Outlook: The Australian Dollar tested the USD1.0220-50 resistance window overnight while Greece finally swore in a coalition government and the US Federal Reserve continued "the twist".

Property owners and those looking to buy property are encouraged to take steps now to maximise their tax refund, according to Australia's largest independently-operated mortgage broker, Mortgage Choice.

U.S. stocks finished a volatile day roughly where they started, as investors balanced positive developments in Europe against some disappointment that the Federal Reserve held off on more aggressive action to juice the economy.

Bell FX Currency Outlook: The Australian Dollar remains well supported this morning following a night of strength in equity markets and upbeat statements from the G20 regarding Europe.