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US fiscal cliff
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The Fiscal Policy Situation in The USA Stabilised Recently
Aug 2, 2013After deteriorating for a number of years the fiscal policy situation in the USA stabilised recently ; but risks remain. More economic policy adjustments will be required in the future as a result. In the latest issue of the CESifo Forum ...
Tags: economy
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Worldsteel Committee Revised Down Global Apparent Steel Consumption Growth Forecast
Apr 12, 2013According to the short range outlook of the World Steel Association (worldsteel) for 2013 and 2014, worldsteel Economics Committee revised down its global apparent steel consumption growth forecast to 2.9 percent from its October 2012 ...
Tags: steel, Metallurgy, Mineral, Energy
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Australian Dollar Barely Moved in Sleepy Asian Trading
Jan 17, 2013The Australian dollar barely moved in sleepy Asian trading yesterday but the outlook for the currency remained upbeat, with one major domestic bank sharply lifting its forecast for the currency this year. "It's very, very quiet," Rochford ...
Tags: Dollar, currency, Australian dollar
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Sharemarket Ended a Three-Day Losing Streak
Jan 10, 2013The sharemarket ended a three-day losing streak yesterday as the latest earnings results from US aluminium giant Alcoa reassured investors in the resources-heavy domestic bourse, with high-yield and defensive sectors of the market well bid. ...
Tags: aluminium, Alcoa, market well bid, aluminium market
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Sharemarket Fell The Most in Five Weeks as Global Equity Markets Lost Upward Momentum
Jan 9, 2013The Australian sharemarket fell the most in five weeks today, with financial, material and industrial stocks leading the decline as global equity markets lost upward momentum following strong gains last week on the resolution of the US ...
Tags: Australian sharemarket, global equity markets, Australia, Shares
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Sharemarket Had It Biggest Fall in Five Weeks Following Strong Gains
Jan 9, 2013The sharemarket had it biggest fall in five weeks yesterday, with financial, material and industrial stocks leading the decline as global equity markets lost momentum following strong gains last week after the resolution of the US ...
Tags: sharemarket, financial, material, industrial stocks, global equity markets
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Australian Dollar to Face Difficult Year, as Risks to World Economic Environment Ease
Jan 8, 2013The Australian dollar is expected to face a"difficult year"this year,as concerns about risks to the world economic environment ease and weak domestic factors come into play,according to a new report by HSBC's currency analysts. "While the ...
Tags: Fresh Headwinds, Australian dollar, risk, resilient performance
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Sharemarket Ended Winning Streak as Stimulus Measures May Be Scaled Back
Jan 7, 2013The sharemarket ended its winning streak yesterday on concerns that stimulus measures in the US may be scaled back sooner than expected. The minutes of the Federal Reserve's policy meeting of last month showed disagreement among members ...
Tags: sharemarket, stimulus measures, US, Federal Reserve
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Sharemarket Moved The Dial a Click Further to Boom Conditions
Jan 6, 2013The sharemarket moved the dial a click further to boom conditions by closing at a 19-month high thanks to growing interest in blue chips and miners, and a strong tailwind from the US market's fiscal resolution-driven 2.35 per cent, ...
Tags: sharemarket, growing interest, blue chips, miners
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Australian Dollar Is Higher After US Politicians Reached a Deal to Roll Back Measures
Jan 6, 2013The Australian dollar is higher after US politicians reached a deal to roll back a series of measures that threatened to push America back into recession -- a situation known as the fiscal cliff. At 07:00 AEDT, the local unit was trading ...
Tags: Australian dollar, US, America, fiscal cliff
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Australian Markets Got off to a Roaring Start to 2013
Jan 6, 2013Australian markets got off to a roaring start to 2013 yesterday, with the avoidance of the January 1 US fiscal cliff of tax increases and spending cuts combining with rising iron ore prices to send the stockmarket on its biggest one-day ...
Tags: shares, 2013, US, fiscal cliff, stockmarket
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Sharemarket Started 2013 with a Bang as US Lawmakers Agreed a Budget Deal
Jan 6, 2013The sharemarket started 2013 with a bang as US lawmakers agreed a budget deal to avoid the worst of the so-called fiscal cliff that had threatened to derail the world's biggest economy. The benchmark S&P/ASX 200 closed up 1.2 per cent at ...
Tags: sharemarket, 2013, US, fiscal cliff
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Australian Dollar Is Slightly Lower Amid Doubts
Jan 6, 2013The Australian dollar is slightly lower amid doubts there will be a successful outcome to the US budget negotiations. At 07:00 AEDT, the local unit was trading at $US1.0366, down from $US1.0374 on Friday. The main driver for markets ...
Tags: Australian dollar, outcome, US budget negotiations, fiscal cliff
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Chinese Iron Ore Buyers to Push Price of Australia's Biggest Export Higher
Jan 6, 2013While stock and bond traders fretted over the US fiscal cliff and its potential impact on broader markets earlier this week, Chinese iron ore buyers were unconcerned, continuing to push the price of Australia's biggest export higher on the ...
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Same and Next-Day Gas Prices Were Valued Below 61.00 Pence/Therm
Jan 4, 2013Same and next-day gas prices on the UK's NBP trading hub were valued below 61.00 pence/therm on the last trading day of the year, around 7 pence down on the start of the month. The within-day contract was valued at 60.50 p/th at 1200 ...
Tags: gas prices, gas market, UK, gasd indusrty