The Dow closed up 172 points in a late buying rush after in yet another volatile session.
As conditions continue to weaken brokers are continuing to reduce their commodity price forecasts.
The Argentine government shocked the world last night by announcing plans to sieze public pension funds, sparking fears of another default.
Oakton has revised down earnings guidance as even Government IT spending is being affected by the global economic slowdown.
Weekly musings by your editor. FNArena will be at the Trading & Investing Expo in Sydney later this week. We’ll be launching our newest initiative.
Economists agree that while the strong CPI will not prevent further rate cuts, it may reduce the speed of easing from the RBA.
The world’s major economies are faltering, but Caterpillar chugs on as the rest of the world fills the gaps. Should investors share management’s optimism?
Oz Minerals booked a solid September quarter, but there’s just too much risk thanks to lower metal prices.
The Dow closed down 231 points last night in its three steps forward, two steps back process.
It’s been coming for months, so not much of a surprise. However, now it’s official: China’s GDP growth rate has started to slow.
