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Australian Market Report of November 12: More Positive Expectations

🕔11/12/2009 1:00:50 PM 14058

Wall Street maintained its positive run on Wednesday session as the Federal Reserve officials tipped that the central bank could keep interest rate at historical low level. The Chinese economic data released yesterday also added confidence to global recovery hopes. European markets also rallied on low interest rate expectations.

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Australian Market Report of September 24: Federal Reserve Cautiously Optimistic

🕔9/24/2009 1:00:29 PM 18494

US stocks fell overnight in a choppy trade as the Federal Reserve announcement showed that the central bank remained cautious to the economy outlook. The Federal Reserve acknowledged the economy is emerging from recession, but maintained its near-zero interest rate and trillion-plus dollar effort to support the fragile recovery.

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Australian Market Report of August 25: Take a Breather after Rally

🕔8/25/2009 1:00:22 PM 21559

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.

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