Portugal, Italy, Ireland, Greece and Spain are among the world’s worst
performing stock markets this year on concern the countries will struggle to
control budget deficits. Greece’s ASE peaked three times since its rally from a
six-year low in March, with the highest in the middle, on
By Daniel Tilles The “euro is still looking like the sickest dog in the
litter,” Greg Gibbs, a currency strategist in Sydney, wrote today in a report.
“It has broken below the key $1.374 level that was once a key resistance until
May last year, and a key base for the currency in
Gold gained the most in a week as a halt in the dollar's rally may increase
demand for the metal as an alternative investment. The US Dollar Index, a
six-currency gauge of the greenback's strength, fell as much as 0.4 per cent
after last week climbing to the highest level in almost seven
At 10.15am AEDT the benchmark S&P/ASX200 index was up 21.4 points, or 0.47
per cent, at 4535.5, while the broader All Ordinaries index had risen 21.3
points, or 0.47 per cent, to 4553.8. Mining giant BHP Billiton was up 43 cents,
or 1.09 per cent, at $39.98, while Rio Tinto had
Fundamental Outlook for US Dollar: Bullish - Risk appetite takes the lead on
the US dollar’s rally - Non-farm payrolls has a limited impact on volatility ,
but the fundamentals are still weak - Will the dollar’s drive
straight through next week or are there
Feb. 5 (Bloomberg) -- Hedge-fund billionaire John Paulson ’s gold fund lost 14
percent in January, its first month of operation, two investors said. Gold
futures fell to a three-month low of $1,044.50 in New York today as the
dollar’s rally reduced demand for the precious metal as an
But since September, the earnings outlook for companies around the world has
generally improved: this market correction is, in other words, one driven
largely by a deterioration in sentiment, not a change in fundamentals. The
sovereign debt concerns that triggered it were predictable from the
But since September, the earnings outlook for companies around the world has
generally improved: this market correction is, in other words, one driven
largely by a deterioration in sentiment, not a change in fundamentals. The
sovereign debt concerns that triggered it were predictable from the
At 10.15am AEDT, the benchmark S&P/ASX200 index was down 16.4 points, or
0.35 per cent, at 4631.5, while the broader All Ordinaries index had fallen
16.3 points, or 0.35 per cent, to 4656.9. Among the major banks, NAB was 15
cents lower at $25.75, Commonwealth Bank had fallen two
By Allison Bennett The loonie, named for the image of the aquatic bird on the
C$1 coin, dropped for the first time in three days against its U.S.
counterpart. Canadian government bonds fell. “We’re in a bit of a holding
pattern, with the risk still that stocks and commodities will
At 10.15am AEDT the benchmark S&P/ASX200 index was up 21.4 points, or 0.47
per cent, at 4535.5, while the broader All Ordinaries index had risen 21.3
points, or 0.47 per cent, to 4553.8. Mining giant BHP Billiton was up 43 cents,
or 1.09 per cent, at $39.98, while Rio Tinto had
