World Market Overview Report 27/1/2011
The Dow Jones Industrial Average rose above the 12000 mark for the first time in almost three years and flirted with that milestone throughout the session Wednesday, as investors cheered President Barack Obama's State of the Union address and unanimous decision by the Federal Reserve to stay the course on supporting the economy.
Australian Stock Market Report - Morning 27/1/2011
US new home sales soared by 17.5pct to 329,000 in December. It was the biggest increase in sales in 18 years and highest level of sales in eight months.
Daily forex forecast - 27/1/2011
As expected, the local unit was fairly subdued throughout much of the Asian session due to a national public holiday in Australia.
World Market Overview Report 26/1/2011
The Australian share market closed higher for the second day in a row on Tuesday as the latest inflation figure came in lower than expected.
Daily forex forecast - 26/1/2011
The release yesterday of CPI (Consumer Price Index) sent the Australian Dollar down with the figure coming in for the quarter at 0.4% (compared with a forecast of 0.5%) and in doing so dampened any rate rise expectations in the near term by the Reserve Bank of Australia.
Australian Stock Market Report - Midday 25/1/2011
The Australian sharemarket received a positive lead from U.S and European markets overnight, thanks in part to solid earnings results from some of the biggest names in business.
Australian dollar outlook 25/1/2011
Stronger commodity prices and a positivenight on the offshore equity markets has seen the AUDrally over USD1cent overnight.
World Market Overview Report 25/1/2011
U.S. stocks climbed Monday as encouraging corporate earnings reports fueled growing optimism over the global economic recovery.
Australian Stock Market Report - Morning 25/01/2011
The advance estimate of Germany´s composite purchasing managers index for January lifted from 60.3 to 61.0 - the highest reading since June 2006. Manufacturing fell from 60.7 to 60.2 but services rose from 59.2 to 60.0.
Daily forex forecast - 25/1/2011
The Australian Dollar dropped from 0.9890 to 0.9865 in quick fashion yesterday on the release of a weaker than expected reading in Producer Price Index.
Australian Stock Market Report - Midday 24/1/2011
The Australian sharemarket is currently up slightly after a flat start to the day. The All Ordinaries index (XAO) is up 0.1pct or 5.6pts to 4866.5. Financial shares are helping to keep the market in the green with the big banks up at least 0.5pct.
Australian dollar outlook 24/1/2011
The Australian dollar has opened just under0.9900 this morning after a quiet day of trading on Friday night as all eyes focused on the jump in the EUR versusthe USD as data from Germany was much better thanexpected.
World Market Overview Report 24/1/2011
US stock markets' bull run stuttered during the week to Friday even though the Dow held firm on the final day of weekly trade to score its highest close since June 2008.
Australian Stock Market Report - Morning 24/1/2011
A key leading index for the US economy hit a 36-week high on Friday. The Economic Cycle Research Institute leading index rose from 128.1 to 128.9 in the week to January 14.
Daily forex forecast - 24/01/2011
The Australian Dollar's advance seems to have been capped as the potential cost of the Queensland floods and its impact on local growth continue to be at the forefront of traders minds.
Australian Stock Market Report - Closing 21/1/2011
The Australian sharemarket finished 0.6pct or 31.1pts lower to 4860.9 today with the miners and energy companies the biggest underperformers.
Australian Stock Market Report - Midday 21/1/2011
The Australian market is off slightly at the moment with mining stocks the biggest drag on performance due to weaker commodity prices and global weakness overnight.
World Market Overview Report 21/1/2011
U.S. stocks are lower Thursday, with the Dow Jones Industrial Average dipping in and out of negative territory as investors fret that stronger-than-expected growth in China would lead to more policy measures to cool its economy.
Australian Stock Market Report - Morning 21/01/2011
US existing home sales soared by 12.3 per cent to annual rate of 5.28 million far surpassing forecasts for a rise to 4.85 million.
Daily forex forecast - 21/01/2011
The Aussie reversed its 3 day gains against the US Dollar as investors abandoned higher yielding assets. Overnight the Aussie fell to 0.9830, its lowest level in a week.
Australian dollar outlook 21/1/2011
The Australian dollar has opened lower thismorning as investor's concerns about China weighed onthe local currency.
Australian Stock Market Report - Midday 20/1/2011
The Australian sharemarket is pulling back after gaining yesterday with the All Ordinaries index (XAO) off by 0.5pct or 26.1pts to 4918.1.
Daily forex forecast - 20/1/2011
A decline in consumer confidence did not hamper the Australian Dollar as it broke parity with the Greenback.
World Market Overview Report 20/1/2011
U.S. stocks pulled back Wednesday to session lows as softer-than-expected earnings from big banks weighed on sentiment.
Australian Stock Market Report - Morning 20/01/2011
US housing starts fell by 4.3pct to a 529,000 annual rate in December, the lowest in over a year and below forecasts centred on a result near 550,000.
Australian dollar outlook 20/1/2011
The AUD's direction today is likely to be driven by the release latertoday of a number of pieces of key Chinese data.
Australian Stock Market Report - Midday 19/1/2011
The Australian sharemarket has started off the day slightly stronger with the All Ordinaries index up by 0.1pct or 6.3pts to 4917.9 after receiving a positive lead from both U.S and European markets overnight.
Australian dollar outlook 19/1/2011
The Australian Dollar is trading higher thismorning on the back of better than expected Europeanstocks and a slightly weaker US currency.
World Market Overview Report 19/1/2011
Materials and industrial stocks gained following a rise in New York manufacturing activity, but shares of banks weakened after disappointing earnings from Citigroup.
Australian Stock Market Report - Morning 19/01/2011
The US Empire State manufacturing index for the New York region rose from +9.89 to +11.92 in January.
