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Australian Dollar Is Higher After US Politicians Reached a Deal to Roll Back Measures

Jan 6, 2013

The 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

Sharemarket Started New Year with Bang as US Politicians Agreed on a Budget Deal

Jan 6, 2013

The sharemarket started the new year with a bang as US politicians agreed on a budget deal to avoid the worst of the so-called fiscal cliff, which had threatened to derail the world's biggest economy. The benchmark S&P/ASX 200 closed up ...

Tags: sharemarket, bang, US, fiscal cliff

Australian Dollar Gained After US Politicians Agreed on a Range of Measures

Jan 6, 2013

The Australian dollar gained yesterday after US politicians agreed on a range of measures designed to avert sweeping tax hikes and about $US110 billion ($105bn) in spending cuts, known as the fiscal cliff. The agreement boosted sentiment ...

Tags: Australian dollar, US, Dollar, fiscal cliff

Australian Markets Got off to a Roaring Start to 2013

Jan 6, 2013

Australian 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

Sharemarket Started 2013 with a Bang as US Lawmakers Agreed a Budget Deal

Jan 6, 2013

The 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

Australian Dollar Hit Two Week High After US Politicians Succeeded in Passing Legislation

Jan 6, 2013

The Australian dollar has hit a two week high after US politicians succeeded in passing legislation to avoid a potential economic crisis. At 07:00 AEDT, the local unit was trading at $US1.0490, up from $US1.0473 yesterday. In ...

Tags: Australian dollar, US Dollar, Yen, currency market

Sharemarket to Enter Final Trading Day of The Year on Edge After Worries

Jan 6, 2013

The sharemarket is set to enter the final trading day of the year on edge after worries that US politicians would not be able to avert the looming fiscal cliff sent US stocks on their biggest one-day fall in more than a month. Futures ...

Tags: sharemarket, US politicians, fiscal cliff, stocks

Sharemarket Ended The Year on a Sour Note, Falling for The First Time in Four Days

Jan 6, 2013

The sharemarket ended the year on a sour note, falling for the first time in four days as the continuing US fiscal policy impasse weighed on market sentiment. However, the sell-off was limited by improved manufacturing data from China and ...

Tags: Local Stocks, Fears, US, Fiscal Impasse

Market Watchers Predict Local Sharemarket Will Forge Further After Surging Almost 15%

Jan 6, 2013

Market watchers predict the local sharemarket will forge further ahead this year after surging almost 15 per cent last year, the result of a second-half recovery that defied concerns about sovereign debt in Europe and the US and a Chinese ...

Tags: shares, 2013, non resource sectors, sharemarket

Strong Chinese Data Was Not Enough to Shake Australian Dollar From Its Slumber

Jan 6, 2013

Strong Chinese manufacturing data was not enough to shake the Australian dollar from its slumber yesterday, with traders glued to any news from Washington as talks over the so-called fiscal cliff went down to the wire. The Aussie ...

Tags: Aussie dollar, Washington, negotiations, fiscal cliff

Stocks Are Set to Rise Today After The US Avoided Falling Over Its Fiscal Cliff

Jan 6, 2013

AUSTRALIAN stocks are set to rise today after the US avoided falling over its fiscal cliff -- at least for now -- and iron ore prices unexpectedly ended the year in positive territory. US tax and spending cuts due to start on January 1 ...

Tags: US, tax, spending cuts, market confidence

Personal Protective Equipment Market in The GCC Earned Revenues of USD 320.8 Million

Jan 6, 2013

It is reported that the personal protective equipment market in the GCC earned revenues of USD 320.8 million in 2011 and this is estimated this to reach USD 452.4 million in 2017. The Strategic Analysis of the GCC Personal Protective ...

Tags: personal protective equipment market, GCC, infrastructure development

Cuba Has Closed The Oldest of Three Nickel Plants in The Country

Jan 6, 2013

Reuters reported that Cuba has closed the oldest of three nickel plants in the country, a local Communist Party leader said, a looming event that had become the talk of the mountain town of Nicaro, in eastern Holguin, where it is located. ...

Tags: Cuba, nickel plants, nickel, export

Commodities Have Experienced a Renaissance After The Bursting of The Internet Bubble

Jan 5, 2013

“The most valuable commodity I know of is information.” (Gordon Gecko in “Wall Street” by Oliver Stone) Commodities have experienced a renaissance after the bursting of the internet bubble at the end of the ...

Tags: Commodities, Metallurgy, Mineral

Stocks Ended with a Bang,with The S&P 500 Notching a Five-Year High

Jan 5, 2013

US stocks ended the first week of the new year with a bang,with the S&P 500 notching a five-year high and the Dow securing its biggest weekly gain since December 2011. The Dow Jones Industrial Average added 43.85 points,or 0.3 per cent,to ...

Tags: US stocks, DJIA, US

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