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5 Sep 2008 key Markets Today
US stock markets plunged overnight on weak US data and negative market comment, the Dow and S&P down 3%. Aussie SPI futures are down 3.1%.
4 Sep 2008 key Markets Today
US equity markets were mixed overnight, with the Dow up 0.1%, the S&P down 0.2% and the NASDAQ down 0.7%.
3 Sep 2008 key Data Review - GDP growth softens into mid year; right on RBA forecasts; consumers take the brunt
GDP growth of 0.3% for the June quarter was marginally below forecast, growth over the year came in at 2.7% .
3 Sep 2008 key Markets Today
AUD/USD was pummelled in late-Asian/early London trading overnight falling from 0.8534 soon after the expected 25bp RBA official interest rate cut, to 0.8270 (its' lowest in a year).
2 Sep 2008 Data Review - Building approvals fall 2.3% in July
Building approvals resumed their downward path in July, falling 2.3% (consensus +0.5%) after the revised 2.2% rise in June. Approvals are down 3.7% over the past year.
2 Sep 2008 key Markets Today
European equity markets declined, weighed down by lower metal prices and an initial lukewarm reception from investors to the announced sale of Dresdner Bank from Allianz to Commerzbank. US had a public ...
1 Sep 2008 key Data Review - Inflation eases in August; AiG PMI manufacturing sector contracting in August
Released earlier this morning were partial measures of inflation and manufacturing which both pointed to some further economic slowing and easing in inflaitonary pressures.
1 Sep 2008 Data Review - GDP likely to print at 0.3% for Q2; Australia's current account deficit plunges and profits soar and not all mining
Australia's current account deficit (Q2) plunged from $A19.84bn to $A12.77bn, from 6.6% of GDP to 4.3% of GDP, the lowest current account deficit for three years.
1 Sep 2008 key Australian Markets Weekly
The market has fully priced a 25bps cut next Tuesday
1 Sep 2008 key What to Watch - Economics
1 Sep 2008 key Markets Today
US stock markets eased Friday, taking their lead from a weaker IT/Nasdaq sector with Dell shares down 13.8% after their profit report released after the market closed Thursday; the Nasdaq fell 1.8% while ...
29 Aug 2008 Data Reviews and Releases
RBA credit growth was right on expectations, up 0.5% growth in July and consistent with underlying annualised credit growth headed to single digit growth rates.
29 Aug 2008 key Markets Today
US equity markets were higher overnight, with the Dow up 1.8%, the S&P up 1.5% and the NASDAQ up 1.2%.
28 Aug 2008 Data Review - Business Investment up-cycle still has life
Yesterday's weaker than expected Construction Work Done (CWD) data were more than countered by today's New Private Capital Expenditure Survey for Q2.
28 Aug 2008 key Markets Today
US equity markets were higher overnight, with the Dow up 0.8%, the S&P up 0.8% while the NASDAQ was up 0.9%.
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