Markets Spectator

Crude Prices Slump as OPEC Meets

Oil prices at a four-year low as OPEC meeting gets underway.

Hong Kong shares close down 0.45%

by AFP
Hong Kong shares end lower while China's rise to highest in more than three years.

European stocks open mixed

by AFP
European stocks mixed on Thursday open.

Tokyo stocks close down 0.78%

by AFP
Tokyo stocks slide 0.78 per cent lower at Thursday's market close.

Aust dollar bounces on capex data

by AAP
Local currency lifts from four-year low following capex data, which beat expectations.

The oil price slump could be toxic for markets

2 comments
Oil's boom and bust in the '70s and '80s had enormous consequences for financial markets. Today, hints of similar troubles have begun to surface.

Aust stocks nudge higher on retailers

Weakness in energy, commodities offset by rallying consumer staples, healthcare stocks.

Healthcare stocks lift market at noon

Losses in minerals and energy sector offset by gains in healthcare on local market at noon.

Banks accused of rigging metal prices

by AFP
US class action alleges banks including Goldman, HSBC conspired to manipulate prices.

Aust dollar rallies on capex data

Local currency lifts more than a quarter of a cent as Q3 capex beats expectations.

Aust stocks edge higher at open

Gains in finance stocks offsest weakness in materials as iron ore price falls further overnight.

Deflation panic full of hot air

Those who fight deflation may be missing the larger story of modern economies.

Oil prices sink to new four-year low

by AFP
Crude prices lose more ground as investors doubt prospect of OPEC supply cut.

Wall Street lifts amid mixed data

US stocks set new closing records after investors weigh stream of economic data.

Scoreboard: US data dump

European equities were mixed while Wall Street traded in a narrow band as investors digested new economic data out of the US.

Aust stocks poised for flat start

by AAP
Local market expected to begin little changed on a lack of major moves offshore.

Aust dollar rebounds after dip below US85c

Local unit recovers after falling below US85c for first time since July 2010.

Iron ore tumbles further below $US70 a tonne

Commodity loses almost 1% as investors continue to fret about a supply-demand imbalance.

EU investors eye ECB stimulus talk

by AFP
European markets close flat despite new hints of central bank bond-buying.

European stocks up on US data, ECB

Robust US data and ECB comments boost markets.

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