Global Markets Overview - 15 November 2012
U.S. stocks stumbled toward a fresh three-month low as growing political concerns in the U.S. and European economic weakness offset gains in some technology shares. The Dow Jones Industrial Average fell 110 points, or 0.9%, to 12647 in afternoon trading Wednesday. The Standard & Poor's 500-stock index lost nine points, or 0.7%, to 1365, and the technology-heavy Nasdaq Composite shed 15 points, or 0.5%, to 2869.
Australian Dollar Outlook - 15 November 2012
Bell FX Currency Outlook: Australian Dollar takes a tumble as risk appetite wanes and followed the lead of equity markets overnight.
Global Markets Overview - 14 November 2012
Home Depot led a rally in stocks tied to consumers' discretionary spending, leading U.S. stock benchmarks higher and fueled optimism about the U.S. housing market.
Australian Dollar Outlook - 14 November 2012
Bell FX Currency Outlook: The Australian Dollar has risen on improved sentiment regarding Greece's debt situation.
Australian Dollar Outlook - 13 November 2012
Bell FX Currency Outlook: Aussie opens marginally higher in a quiet overnight session. In Australia, a lack of domestic data and the US Veterans Day holiday saw minor moves across markets overnight.
Global Markets Overview - 13 November 2012
Stocks drifted higher in light trading volume on a bond-trading holiday. The Dow Jones Industrial Average gained 28 points, or 0.2%, to 12844 in afternoon trading. Its rise of 61 points from the session's low of 12783 follows the worst weekly performance for the blue-chip benchmark in more than five months, and the Dow's third-straight weekly decline.
Australian Dollar Outlook - 12 November 2012
Bell FX Currency Outlook: The Australian Dollar is trading close to the 1.0400 level after a fairly tight trading range on Friday night as markets evaluate the likelihood there will be some agreement before the "fiscal cliff" in the US is reached in January 2013.
Global Markets Overview - 12 November 2012
Blue-chip stocks ended flat after a seesaw trading day Friday but were lower for the week, as investors hit the brakes on the selloff that followed the presidential election and turned their attention to the outlook for fiscal negotiations. The Dow Jones Industrial Average closed 4.07 points higher, less than 0.1%, to 12815.39, but posted its biggest weekly loss since the week ended Oct. 12.
Australian Dollar Outlook - 09 November 2012
Bell FX Currency Outlook: The Australian Dollar has languished just over the 1.0400 level as Australia's employment data was slightly better than expected
yesterday but financial markets continue to be more concerned about the "fiscal cliff" issue in the US.
Australian Dollar Outlook - 08 November 2012
Bell FX Currency Outlook: The Australian Dollar is almost half a US cent lower after US Obama's historic victory for a second term, as concerns about the US economy overshadowed the euphoria over the result.
Australian Dollar Outlook - 07/11/2012
Bell FX Currency Outlook: Australian Dollar hits fresh highs amidst Melbourne Cup surprise hold from the RBA
Melbourne Cup Strides Well as Top Horse-Racing Spectacle
The Melbourne Cup has been touted a global spectacle as it has so far drawn the world's horse racing enthusiasts, trainers, and owners.
Australian Dollar Outlook - 06/11/2012
Bell FX Currency Outlook: Australian Dollar little changed as currency markets play a waiting game. The Aussie dollar traded in a tight range as markets await the RBA meeting and the results of the US presidential elections tonight.
Australian Dollar Outlook - 05/11/2012
Bell FX Currency Outlook: The Australian Dollar retreated on Friday after trading on Friday afternoon over 1.0400 as concerns over the outcome of the US presidential election and the impending fiscal cliff in early 2013 overshadowed the better than expected US jobs figure for October.
Toyota Affiliate Affirms Equity Stake in Canada Rare Earths Kipawa Site
Toyotsu Rare Earth Canada Inc. ("TRECan"), a subsidiary of Toyota-Tsusho Corp. ("TTC"), has paid US$1.3 million, which is the first of a series of payments for its committed equity acquiring of 49% undivided interest in the Kipawa HREE Deposit of Matamec Explorations Inc.
RP Data-Rismark: Australia Home Prices Skid in October
Australia home prices skid in October, giving a slight reprieve to the four-month gains, the latest RP Data-Rismark said.
Global Markets Overview - 02/11/2012
An assortment of positive economic reports strengthened investor optimism ahead of Friday's key employment report, and stocks held onto broad morning gains heading into the market's close.
Australian Dollar Outlook - 02/11/2012
Bell FX Currency Outlook: The Australian Dollar is stronger on improved global sentiment due to positive economic data released in the US and China.
Australia Business, Consumers Alliance Push for Cheap Electricity
Come 2013, electricity network companies in Australia will begin the tedious process of determining how much each household and business will pay for their electricity consumption based on the new infrastructure that need be constructed in the next five years. Staggering electricity rates had been everyone's burden and change had been pushed in the legislature.
Australian Dollar Outlook - 01/11/2012
Bell FX Currency Outlook. Australian Dollar opens marginally higher ahead of key Chinese data.
Global Markets Overview - 31/10/2012
Stock markets in New York were closed for a second day Tuesday, in the aftermath of superstorm Sandy. As investors assessed the damage from the storm, stock futures indicated a slight rise from where stocks traded Friday after a positive reading on U.S. housing data and encouraging economic news in Europe.
Australian Dollar Outlook - 31/10/2012
Bell FX Currency Outlook. The Australian Dollar has moved slightly higher against the US Dollar following the aftermath of Hurricane Sandy's assault on the US eastern seaboard.
Australian Dollar Outlook - 30/10/2012
Bell FX Currency Outlook Hurricane Sandy Closes New York Equity markets and sees a sluggish Australian dollar lower.
Barry Hall Up Close and Personal: Dives from Controversies to AFL Trading Clubs
AFL goal kicker and on-the-side boxer Barry Hall comfortably enjoys the hot seat with AFL experts Mike Sheahan, Angus Sampson, and Cam Mooney over a Gillette close shave.
Australian Dollar Outlook - 29/10/2012
Bell FX Currency Outlook: The Australian Dollar has opened this morning in the mid 1.0300's after the release of US GDP for Q3 on Friday evening was slightly higher at 2% than the 1.8% expected.
Party Hosting Tips to Have More Fun
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Australian Dollar Outlook - 26/10/2012
Bell FX Currency Outlook: The Australian Dollar is steady this morning and is remaining well supported going into the weekend, and this is despite a US equity market sell-off late in the session.
Global Markets Overview - 25/10/2012
U.S. stocks traded around the flatline after the Federal Reserve reiterated its concerns about the U.S. economy and pledged to stick to its bond-buying policy. The Dow Jones Industrial Average rose nine points, or 0.1%, to 13111 in Wednesday afternoon trading, in a day that saw stocks trade in a relatively narrow range.
Australian Dollar Outlook - 25/10/2012
Bell FX Currency Outlook: Australian Dollar continues its surge in offshore trade as local inflation and Chinese manufacturing support.
Update: Australia Inflation Rises 1.4%, Aussie Dollar Gets Steam
Australian consumers had been struggling with higher prices of basic goods and services in the three months until the end of September as inflation rises 1.4 per cent, dampening the central bank's aggressive stance in slashing benchmark rates in the coming months.
