MARKETS

Australian, NZ dollars retreat

The first day of the week has not been well for the Australian currency because it traded lower from its three-week high. The Australian dollar and NZ currency faltered as speculations of economic recovery again spooked the market.

IG Markets - afternoon thoughts

Across Asia, regional markets are all higher on the back of improving sentiment on Wall St and news of the weekend that China's exports grew 44% on year in June.
More news

Stockbrokers Like Gindalbie's Upside

Credit Suisse has joined UBS in covering iron ore play Gindalbie Metals, both brokers rating the stock as a Buy given valuation upside and leverage to iron ore prices.

China: Exports Jump, Again

China's trade surplus jumped sharply in June, a development that will get all the American loudmouths yapping again abou...

Markets: A Confidence Surge?

Global stocks rose on Friday, recording their best week in nearly a year, as risk aversion eased.It was a reversal of th...

Australian Stock Market Report

Data released on Saturday showed that China´s trade surplus widened from US$19.5 billion to US$20.02bn in June, well above forecasts for a surplus near US$15.6 billion.

Oil Price Upside

The market agrees oil prices will head higher as the global economy recovery and market fundamentals improve, with RBS Australia offering its preferred list for playing the sector.

Demand rises for energy listed firm Santos

Shares of the S&P/ASX 200-listed company Santos rose significantly at 8.5 percent in Sydney trading after reports Royal Dutch Shell Plc may buy a stake in the venture.

Australia 200 To Catch Up

Michael McCarthy, Head of Dealing Asia Pacific at City Index suggests traders should consider buying into the share market for a catch up to the global return of risk appetite.

Corporates: Boral, CSR, Orica

As expected, Boral shares fell sharply yesterday after trading resumed in the wake of the issue to institutional shareho...

IG Markets Australian Market Wrap

The Australia 200 CFD Index closed 2.4% higher at 4356.1, with financial, consumer discretionary, energy and material names adding the bulk of the points.

Parts of Hay Point closed down for repairs

BHP Billiton-Mitsubishi Alliance and Prime Infrastructure Group shut berths at two terminals of the Hay Point port, the world's biggest export harbor for coal, to carry out planned maintenance.

Dollar climbs on job surge news

The Australian dollar rose over half a cent while bill futures fell after surprisingly strong jobs report reawakened the risk of a further hike in interest rates.

Micro Cap Rising Stars ? Silver Chef

Silver Chef is effectively a finance company providing small industrial equipment solutions, enjoying strong growth and paying an enviable yield.

Pages