Vittorio Hernandez

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Vittorio Hernandez completed a degree in Economics and studied Public Administration, as well as Development Communication. He has been writing business and general news for various publications for decades now. He joined IBTimes Australia in September 2011. He may be reached at v.hernandez@ibtimes.com.au.

@vitthernandez ibtimesau
Traders work on the floor of the New York Stock Exchange, December 11, 2008.

Australian Stock Market Report – Morning December 4, 2014

In US economic data, the ISM services index rose from 57.1 to 59.3 in November, above forecasts for a result near 57.5. The ADP survey showed that 208,000 jobs were created in November, just short of expectations for 221,000 job growth. The mortgage market index fell by 7.3% in the latest week, dragged down by a fall in refinancing.
A trader works on the floor of the New York Stock Exchange

Australian Stock Market Report –Afternoon December 3, 2014

Australian shares maintained most of their gains with the ASX 200 Index rising by 0.8 per cent; trading above 5300pts and adding to yesterday's 1.4 per cent surge. Energy and mining sectors improved by between 0.7 per cent and 1.2 per cent despite a slump in oil, gold and iron ore prices.
Australian Finance Minister Mathias Cormann (R) and Medibank Managing Director George Savvides ring the Australian Stock Exchange Bell to begin trading of Medibank stock in Sydney November 25, 2014. Australian health insurer Medibank Private Ltd, which ra

Australian Stock Market Report – Midday December 3, 2014

Local shares saw a mixed start to trade on Wednesday after the strong gains of the previous session. The ASX 200 opened with a loss of 20 points, however those levels found buying support and over the ensuing hours the market was able to fight its way back into positive territory. At the best levels of the morning the index was up by 50 points and as lunchtime loomed every ASX sector was in positive territory.
Retailer

Australian Stock Market Report – Morning December 3, 2014

In US economic data, chain store sales fell by 0.6% in the latest week but the annual growth rate of sales rose from 4.2% to 4.8%. Construction spending rose 1.1% in October, ahead of expectations for a 0.6% gain. And the ISM New York index rose from 657.2 to 663.4 in November.
An office worker talks on his phone as he looks the stock board at the Australian Securities Exchange (ASX) building in central Sydney June 15, 2012. Asian shares edged up on Friday, and the euro held most of the previous session's gains, as nervous inves

Australian Stock Market Report – Midday December 2, 2014

Australian shares are being led higher by the mining and energy sectors with the ASX 200 Index rising by 0.7 per cent. Despite today's rise, the local market had its worst day since 10 October yesterday, hit a 1.5 month low in the process and slumped by 3.5 per over two sessions.
New York Stock Exchange

Global Markets Overview – December 2, 2014

Tough time to be a commodities trader; overnight trade saw silver moved through a 15% range, gold moved through a 6% range, Brent crude near enough to 7% while copper moved through a 4% range. A look at the commodities boards suggested Christmas festivities had come early, as each moved from negative to positive and vice-versa.
Singer Susan Boyle sings "You'll never walk alone" before the Champions League play-off round second leg soccer match between Celtic and Helsingborgs IF at Parkhead stadium in Glasgow, Scotland August 29, 2012.

Susan Boyle Moves From ‘NBSB’ To ‘In A Relationship’

In her Facebook account, Britain's Got Talent 2009 runner-up Susan Boyle did not alter her status to "In a relationship," but did admit to The Sun in an interview that she has a boyfriend. The 53-year-old singing sensation met him in a hotel when she was on a US tour.
A man walks to a train of Deutsche Bahn railway operator at the main train station in Frankfurt November 21, 2014.

Deutsche Bahn Seeks $3B Damage From 13 Airlines For Price Fixing

Deustche Bahn, the German state-owned railway, filed a new lawsuit in Germany and the U.S. seeking over $3 billion in damage from 13 air cargo companies for price fixing. Included in the lawsuit is Australian flag carrier Qantas which has paid over $160 million for increasing the price of freight via fuel and security surcharges between 2000 and 2006.
U.S. President Barack Obama and his daughters, Sasha (C), and Malia (R), participate in the annual turkey pardoning ceremony marking the 67th presentation of the National Thanksgiving Turkey while in the White House in Washington, November 26, 2014.

Lautengate: GOP Staffer Quits Over Malia & Sasha Posts; Netizens Expose She Was Allegedly Caught Shoplifting As A Teenager

The turkeys were pardoned for Thanksgiving, but netizens were not willing to extend the same forgiveness to Elizabeth Lauten, the communications director of Republican Rep. Steve Fincher. Her criticisms of the behavior of Malia and Sasha Obama through a Facebook newsfeed became viral and created a political storm too powerful for her to handle. On Monday morning, Lauten announced through NBC News that she is quitting her post, following the strong public clamor for her to resign or for Fincher t...
A worker walks at the Nahr Bin Umar field, north of Basra, southeast of Baghdad, November 16, 2014. OPEC producer Iraq expects to base its 2015 budget on an oil price of $80 per barrel, Oil Minister Adel Abdel Mehdi told parliament on Monday. Picture take

Australian Stock Market Report – Midday December 1, 2014

A new month and a new week has started the same way the last month ended, with sellers in control. The ASX started the session with a 5 point loss before trading to the low point of the morning where the index chalked up a deficit of almost 47 points. Over the course of the morning there was little evidence that buyers saw value at the newly discounted levels which had taking the market to the lowest levels in around 6 weeks.

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