MARKETS

The Australian share market ran out of steam in late afternoon trade, however it still managed to notch up a third successive win, on the back of a strong lead from Wall Street.

The Australian share market is slipping into bad habits, once again rallying on positive overseas leads before giving up the gains in the afternoon session.

Uranium is quickly attracting the attention of the speculative investment community.

Uranium is quickly attracting the attention of the speculative investment community.

The local stock market started on a strong footing this morning on the back of better than expected new home sales in the US. This is the second day of positive moves for the local bourse, with base metal prices also lending support.

The market is up 25. The SFE Futures were up 26 this morning.Wall Street closed up 100 overnight. It was the third strai...

Number two in our series of book reviews this week.

The data supporting the global economic recovery continues to be mixed - patchy, inconsistent over time, and varying enormously by region - and in no way supporting the idea of a "V-shaped" recovery, the popular view six months ago.

Overnight we saw the AUD break through USD0.9000 and this morning it is currently trading comfortably above this level.

US new home sales soared by 23.6pct to a 330,000 annual rate in June, well ahead of forecasts centred on a result near 320,000. The stock of unsold homes fell from 9.6 months to 7.6 months.

The Aussie dollar held on to support around 0.8940 during the Asian session despite a lower than expected second quarter Producer Price Index or PPI as its referred to.

Strong guidance from FedEx and better than expected data have taken Wall Street to a critical technical level. Dow up 100.

The Australian currency opened higher on Tuesday as a lift in US homes sales bolstered growth assets such as equities and commodity-driven currencies.

The 30% slide in the price of QBE shares this year now has an explanation, at last.An update from the company yesterda...

The Coles retailing business of Wesfarmers is starting to look like one of the standout retailing performers for 2009-10...

And Harvey Norman shares fell more than 3% yesterday afternoon after the group reported a very sharp fall in 4th quart...

Japan's export resurgence continues to lose momentum as shipments to Asia and China slow.The fall is partly due to the ...

Australia's producer price index at the final stage of production rose 0.3% in the June quarter, for an annual rise of 1...

The Australian stock market is likely to open stronger after the Dow Jones hit a two-month high overnight.

Mesoblast has been recording good Phase II trials results in bone marrow transplantation and Southern Cross Equities suggests this could make it a target of Big Pharma.

The ASX 200 closes up 0.6% at 4486

China could soon be freed from over-dependence on imported gas as reports by the Financial Times on Monday cited aggressive initiatives coming from Beijing, allegedly pushing for the expeditious development of the country’s huge gas deposits.

The Australian bourse was floating in morning trade after higher-than-expected sales figures from Wesfarmers and gains in banking shares.

The latest report from Baxter of the US leads brokers to suggest CSL is gaining market share at that company's expense, though opinions remain divided on the value in CSL at current levels.

Perceptions of improving credit quality had been shown in the performance of Asia-Pacific corporate and sovereign bonds in the last five weeks

Average profit growth could be as high as 20 per cent across the sectors for the 30 June reporting season on the back of improving local economic condition

As extra value-add, FNArena publishes book reviews this week. Today's is the first in an initial series of three.

Australian and Japanese and stock futures jumped as European banks hurdled the stress test reducing uncertainties that a global economic recovery is slowly happening.

The Australia Dollar has opened up in the mid 0.8900's after another modestly strong showing from US and European equity markets on Friday.