DATA showing only modest growth in US jobs during December dampened expectations that the Federal Reserve will bring its bond-buying program to an end sooner than expected, weighing on the greenback and helping lift the Aussie dollar in the ...
The sharemarket closed higher for a second day yesterday, buoyed by a last-minute budget deal in the US that drove global equities and commodity prices sharply higher on Wednesday night. The benchmark S&P/ASX 200 finished up 0.7 per cent ...
Tags: sharemarket, US, global equities, commodity prices
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
It was a jittery session for stocks, with shares falling more than 1 percent after Senate Majority Harry Reid warned a deal was unlikely before the deadline, only to rebound merely on the news that the House would reconvene Sunday, ...
Tags: jittery session, ConvergEx Group, company news, stocks
AUSTRALIAN shares ended a holiday-shortened trading session modestly higher today,with gains in the mining and financial sectors pushing the market to an 18-month high. The rise sets the market up to end the year almost 14 per cent ...
Tags: shares, market, stocks, financial sectors
THE sharemarket ended the week on a low note as investors took fright after US budget talks on the fiscal cliff fell into disarray. The benchmark S&P/ASX 200 closed down 10.5 points,or 0.2 per cent,at 4623.6,reversing gains that had seen ...
Tags: fiscal cliff, Australian companies, US
The Australian dollar is slightly lower on concerns the United States'budget problems will not be resolved before the year's end. At 07:00 AEDT,the currency was trading at$US1.0488,down from$US1.0491 yesterday afternoon. Bank of New ...
Tags: THE Australian dollar, currency, dollar, fiscal cliff
THE sharemarket ended the week on a low note as investors took fright after budget talks in the US to resolve the fiscal cliff fell into disarray. The benchmark S&P/ASX 200 closed down 10.5 points, or 0.2 per cent, at 4623.6 points, ...
Tags: Market, reversing gains, IG institutional trader Chris Weston
Reuters reported that energy over metals, raw over refined, sums up the likely theme for China's commodity demand next year. Commodity markets had become accustomed to China as a voracious consumer of resources, but 2012 showed that ...
Tags: Commodities Market, Market Trend, Metallurgy, Mineral Energy
Economic Times reported that nickel prices rose by 0.40% to INR 980.40 per kg in futures trade on December 17h 2012 supported by rising demand at spot markets from alloy makers and a firming trend in base metals in the global markets. At ...
Tags: Metal Exchange, Metallurgy, Mineral Energy
Economic Times reported that taking positive cues from the global markets and a pick up in domestic demand,copper prices rose further by 0.30%to INR 448.25 per kg in futures trade on December 18,2012 At the Multi Commodity Exchange,copper ...
Tags: copper prices, metal, futures trade, global markets
NYMEX January RBOB futures settled sharply higher Friday, leading the gains in the oil complex, as a weak fundamental picture took a back seat to a technical move higher. January RBOB settled 6 cents higher at $2.6621/gal after having ...
Tags: Chemicals, NYMEX RBOB, Technical Bounce, Crude Firms
Australian Wool Industries Secretariat Inc (AWIS) releases wool sales report for week ending November 2. The Australian Wool Exchange (AWEX) Regional Indicators finished 0.3% lower, on average, at sales in Sydney, Melbourne and Fremantle ...
Tags: AWIS, AWEX, wool sales report, price rises, MPGs
ParadigmSpine has obtained premarket approval (PMA) for its motion preserving interlaminar stabilization device from the US Food and Drug Administration (FDA). The minimally invasive coflex device is designed for treating moderate to ...
Reuters reports that London copper was steady near 2 month highs as signs of a revival in China's economic growth and hopes of further easing by the United States underpinned prices while wrangling over the US fiscal cliff weighed on ...
Tags: London copper, economic growth, US, China