The Fed surprised the market last night with another trillion of fresh greenbacks, turning the Dow around for a 90 point gain.
The economic outlook in the United Kingdom is no less than bleak while the eurozone is not fairing much better. But is the US in better shape?
The Westpac–Melbourne Institute Leading Index for January suggests negative economic growth in Oz is but a few data releases away.
Amidst widespread expectations further rate cuts remain on the agenda, the latest RBA minutes indicate the reserve bank likes to keep its options as flexible as possible.
The Dow lost 7 points last night as Wall Street just failed to make it a five-day rally. (Locked for subscribers until 10:00 AEDT)
Deflation is the biggest threat currently facing the global economy. How would this affect the stock market?
Wall Street makes it four days in a row, booking its best week since last November as investors cross fingers in hope for more.
The West has stopped buying so the East has stopped exporting. Where will this lead us? Can the whole world hyperinflate?
Good news for the financial sector flipped the market last night sending short-coverers scrambling. Dow up 380. (Locked for subscribers until 10:00 AEDT)
Negative GDP growth, a weak Aussie dollar, falling inflation, drying up demand and an election are all on the cards for 2009, says Standard Chartered.