Australian Market Report of September 8: Europe and Asia Boosted Gains
US markets were closed for the Labour Day public holiday, while Europe and Asia markets posted strong gains on Monday.
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Real Estate General
Australian Market Report of September 7: Up on US Employment Data
Wall Street was higher on Friday as a government report showed that the pace of job losses slowed in August. But the US stocks were still in negative territory for the week with the worst performance since early July.
Australian Market Report of September 1: Sell-off in China Dented Sentiment
Overnight Wall Street fell following a massive sell-off in Chinese shares, which plunged 6.7 per cent on Monday. The Shanghai Composite index has lost more than 20% of its value in one month.
Australian Market Report of August 27: Weak Response to the Strong Data
US stocks closed nearly unchanged Wednesday despite a stronger than expected increase of new home sales and a jump in durable goods orders. The market responded to the positive data with a shrug, as investors remained cautious and took their profits after rallies.
Australian Market Report of August 26: More Positive Catalysts
Overnight Wall Street was up on economic data, positive earnings and the nomination of Federal Reserve chief Ben Bernanke to serve a second term. The Conference Board's August index of consumer confidence rose for a second month, exceeding economists' forecast.
Australian Market Report of August 25: Take a Breather after Rally
US stocks ended flat overnight in light trade volumes as the market was awaiting the economic data this week. The Dow Jones Industrial Average edged higher to its highest close in more than nine months.
Australian Market Report of August 21: Flat Trade Likely to Continue
Wall Street made a third consecutive day gain overnight as some latest economic data shows that the recession is bottoming out. Financials were also buoyed after Insurance giant American International Group said it expects to repay the government.
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