Market Wrap

  • Mumford: The US may be putting its house in order

    Just as the US housing crisis proved the catalyst for the global equities meltdown, a sustained equity market recovery may ultimately require a clear sign that the residential property cycle has bottomed.

  • Strong prices give miners push

    A recovery among resources stocks lifted the Australian market, as mining heavyweights BHP Billiton, Rio Tinto and Newcrest Mining led the charge on stronger commodity prices and speculation of a stimulatory package in China.

  • Street Talk

    Gunns makes the call to believers

  • Bassanese: Bargain basement deals grounds for hope

    Equity optimists have one major positive on their side: the market's forward price-earnings ratio is very low - both in outright terms and relative to bond yields

  • Fears of financial upheaval halt greenback

    A fresh wave of concern about US housing and financial markets stopped the US dollar in its tracks, threatening to put an abrupt end to a month-long rally that had promised to lift the ailing currency out of the doldrums.

  • Reality takes shine out of rally

    Commodity investors ignored further damning evidence of a slowdown in global demand yesterday, sparking a rally built on supply concerns and a weaker American dollar.

  • Copper cropper to reverse in September

    The Beijing Olympics have sharply reduced copper demand in top consumer China but as normal life resumes, buyers are expected to revive the market, probably as soon as September.

  • Signs point to more credit strife

    Interest-rate derivatives are showing that investors are preparing for another round of turmoil in credit markets amid renewed concern that the US will have to bail out home loan lenders Fannie Mae and Freddie Mac.

  • Be ahead at the home turn

    It's going to help but it's not going to happen overnight.

  • Taking Stock

    ST GEORGE

  • MARKET MIX

    Mobile phone sales have slipped to their lowest level in 17 months despite the launch of Apple's popular iPhone, and analysts warn this trend is a serious sign of the extent of the slowdown in consumer sentiment.

  • Overseas Markets

    CAC

  • REAR WINDOW

    No news a break for James Hardie

Investment Banking League Tables

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