aussiebear Posted July 3, 2009 Author Report Posted July 3, 2009 http://finance.yahoo.com/intlindices
aussiebear Posted July 3, 2009 Author Report Posted July 3, 2009 http://money.cnn.com/markets/morning_call/ http://www.kitco.com http://www.kitconet.com/webcharts/base_metals.html Energy futures
aussiebear Posted July 3, 2009 Author Report Posted July 3, 2009 Serious action in the US and we're going the same way. All Ords -1.4% with all sectors down. Miners are down the most, -2.4% followed by Materials -2.2% and Gold -1.6%. Utilities is down the least, -0.5%.
aussiebear Posted July 3, 2009 Author Report Posted July 3, 2009 Australia Faces the ‘Full Brunt’ of Global Recession July 3 (Bloomberg) -- Australia’s economy, which has so far skirted the global recession, may stall after reports showed exports dropped to a 14-month low, bank lending fell and home- building approvals declined by the most since 2002. This week’s reports suggest the global recession is biting as stimulus efforts fade, which may prompt the central bank to cut interest rates. Reserve Bank Governor Glenn Stevens said last month that slower growth and inflation give him scope to reduce borrowing costs if it helps secure “a durable upswing.” “The full brunt of the deepest and most synchronized post- war global recession has yet to fully bear down on Australia,” said Su-Lin Ong, Sydney-based senior economist at RBC Capital Markets. “Export income, the terms of trade and business investment are all set to move substantially lower in 2009.”
aussiebear Posted July 3, 2009 Author Report Posted July 3, 2009 A relatively unexciting day although a reasonable fall. All Ords dropped -1.3% with the resource sector taking the brunt: Miners -2.9%, Materials -2.7% and Gold -2.6%. Consumer Staples was the only sector recording a (slight) rise, +0.5%. No clear direction from Asia: China +0.9%, Honkers -0.2%, India +0.5% and Nikkers -0.6%. Over to UK/Europe: Footsie DAX CAC 40
alceringa Posted July 3, 2009 Report Posted July 3, 2009 Madame Aussie, and all- Somehow the Yahoo link went Cactus on the GDAXI- Try this........... Footsie DAX CAC 40
ChickenLittle Posted July 3, 2009 Report Posted July 3, 2009 So - The Whole World is celebrating our independence day? Whassup ? Hey You - London - its still only 2pm - too early for cocktails - DO SOMETHING? OK - oh well mommy will be back on Monday.
swordfish Posted July 3, 2009 Report Posted July 3, 2009 Sweden Cuts Deposit Rate to NEGATIVE .25% http://globaleconomicanalysis.blogspot.com...egative-25.html
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