Tag: Currency markets
Economic data, Hurricane Gustav weigh on Wall St
Wall Street has taken a tumble as weak economic data and a disappointing earnings report from computer giant Dell weighed on the markets and Hurricane Gustav churned toward the Gulf of Mexico.[MORE]
Banks push market higher
It was the banks that drove the overall share market up today, after better than expected economic growth figures in the US overnight buoyed stocks on Wall Street.[MORE]
Market buoyed by banking sector
Strength in the banking sector has pushed the Australian share market higher. [MORE]
GDP figures show US economy still growing
Revised gross domestic product data in the US shows the economy grew by 3.3 per cent in the second quarter compared to the same time last year, helped by strong exports. [MORE]
Market buoyed by commodities
Strength in commodities pushed the miners up and helped the overall share market today.[MORE]
Oil price climbs in response to Gustav threat
The price of oil is higher after forecasts that tropical storm Gustav will intensify into a hurricane.[MORE]
Banking losses outstrip energy gains on market
The banking sector's weakness largely outstripped the gains in the energy sector today.[MORE]
US stocks up as oil price rises
US stocks have risen after the price of oil increased on fears that Hurricane Gustav could damage oil and gas installations in the Gulf of Mexico.[MORE]
Miners lead local market recovery
Australian stocks have rebounded to defy Wall Street's steep falls overnight. [MORE]
Stocks drop in morning trade
Australian stocks have fallen nearly 2 per cent, with weaknesses across the board.[MORE]
Wall Street crumbles as another bank goes under
The failure of yet another US bank caused Wall Street to tumble overnight.[MORE]
Financial stocks boost domestic markets
Financial stocks have pushed the Australian share market higher after a good session on Wall Street on Friday. [MORE]
Crime gangs 'shunning weak US dollar'
The weakened US dollar has fallen out of favour with organised crime groups who need to pay for drug shipments or settle scores, a Canadian Government report has said.[MORE]
Local market ends week higher
The ANZ has closed higher after announcing the findings of its Opes Prime review today.[MORE]
Mining sector pushes market up
A strong mining sector pushed the Australian share market higher this morning.[MORE]
Banking sector drags local market down
Weakness in the banking sector has dragged the Australian share market lower today.[MORE]
NAB warning drags down banks
The banks are lower on the Australian share market after National Australia Bank's (NAB) warning of continuing funding pressures.[MORE]
Miners lift local market
Investors have driven up the miners after a boost in commodity prices, but for the banks it has been a lacklustre session, after a poor performance on Wall Street overnight.[MORE]
Share market up despite Wall St losses
The Australian share market has bucked losses on Wall Street, with higher commodities prices delivering a lift to the mining sector.[MORE]
Credit crisis woes hit markets
United States stocks have fallen for a second day as concerns about the credit crisis hit financial shares again. [MORE]
Markets fall after sector-wide sell off
BHB Billiton's chief executive Marius Kloppers has called the company's $17.6 billion profit "spectacular", but it appears investors thought otherwise.[MORE]
Wall Street pulls local market down
The Australian share market has been dragged down by falls on Wall Street.[MORE]
US mortgage giants rattle markets
Concerns mortgage finance giants Fannie Mae and Freddie Mac may need to be bailed out by the United States Government have rattled financial stocks. [MORE]
BHP profit fends off banking sector losses
BHP Billiton has posted a seventh consecutive record profit of $17.6 billion for 2008.[MORE]
Market rises ahead of BHP profit result
Australian stocks are higher with BHP Billiton up 2 per cent ahead of its profit result today.[MORE]
