The dollar continued to test fresh 11-month lows, extending a week-long decline built on rising concerns about the outlook for the resources-rich economy and renewed strength in the US dollar. Late today, the Aussie was trading at ...
Tags: Dollar Down, Service, Economic Outlook
The sharemarket rose for a third-consecutive session after the dollar weakened further overnight. Non-resources companies with US dollar income remained in demand, although commodity price falls restrained the resources sector. The ...
Tags: Stocks, Aussie Fall
The sharemarket rose for a third consecutive session yesterday after the Australian dollar weakened further in offshore trade. Non-resources companies with US-dollar income remained in demand, although commodity price falls restrained the ...
Tags: Bourse, Greenback Exposure
There is definitely a positive upward trend in residential home building. After years of weak demand for new construction, builders in most regions of the country are finally seeing more activity, bidding more work and signing more ...
Tags: Hardwood Flooring, Oak Flooring, Construction&Decoration
Signs that a nascent recovery in the housing sector stumbled in March pushed the Australian dollar to its lowest since mid-April. The number of house-building permits fell 5.5 per cent in March, the most since July, curbing optimism that ...
Tags: Dollar, Housing Recovery
The sharemarket notched up its biggest gain for five weeks yesterday as the banks led broad-based gains thanks to lower-than-expected domestic inflation data and stronger offshore markets. The consumer price index rose 0.4 per cent in the ...
Tags: Renewed, Interest Rate
The market research institute Ceresana forecasts dynamic growth of global demand for Carbon Black: market volume is to increase by more than 3.1 million tonnes until 2019. Rubber products mainly utilize Carbon Black as filler material while ...
Tags: Carbon Black market, Carbon Black
BHP Billiton, Rio Tinto and Woodside Petroleum jumped between 1.4 per cent and 3.5 per cent after commodities including copper, oil and iron ore rose between 0.6 per cent and 1.3 per cent early yesterday. Among iron ore pure plays, ...
Tags: economy
European mixed xylene prices were under downward pressure from the sharp correction in Asian and US mixed xylenes prices. Market sources said European isomer-mixed xylenes were trading at $1,290/mt FOB ARA, down $10 from Platts' March 15 ...
ConAgra Foods, Cargill and CHS are set to combine their North American flour milling businesses to form a new flour milling company known as Ardent Mills, which will cater to the customers in the baking and food industries. Ardent Mills ...
Tags: Foods, Agriculture
The local sharemarket retreated from a 4 1/2-year high yesterday before last-minute budget talks at the White House aimed at avoiding $US85 billion ($83bn) of automatic US spending cuts, the so-called sequester, which were due to take ...
Tags: sharemarket, Shares, benchmark
The Australian sharemarket retreated from a four-and-a-half year high before last-minute budget talks at the White House aimed at avoiding $US85 billion of automatic spending cuts, the so-called sequester, due to start taking effect today ...
US dairy firm Land O'Lakes has booked an increase in full-year profit, boosted by initiatives to build its value-added, branded business. In the 12 month period, net earnings totalled US$241m, a 31% increase on the prior year period. ...
Tags: dairy firm, Land O'Lakes, ull-year profit
The Australian sharemarket was on track for a 10th-consecutive daily rise today, as commodity price strength lifted the resources sector. BHP Billiton rose 1 per cent after the price of London Metals Exchange copper rose 0.6 per cent and ...
Tags: Australian sharemarket, currency, economy
Macquarie Private Wealth's well-regarded resources team argue in their 2013 global market outlook that the debate over about whether commodities are headed for a hard landing as China's growth slows is meaningless. Because the boom is ...
Tags: resources team, 2013, resource