Global Markets
From Global Markets May 06
The final eurozone composite output index shows a reading of 46.9 in April, the 15th consecutive month of decline in activity.
From Global Markets May 06
Services PMI declines to 44.4 from 45.3 in March due to the economic crisis.
From Global Markets May 06
The Australian share market has started the week's trade on a positive note, following a positive lead from Wall Street at the end of last week on the back of better than expected US Jobs numbers.
From Global Markets May 06
The Australian sharemarket is higher thanks to a better than expected US jobs on Friday, however a portion of the gains were wiped out due to a weaker than forecast retail spending report. The All Ordinaries Index (XAO) is up 1.1 per cent or 54.4 pts to 5159.8. The mining sector is the standout at lunch thanks to a strong rise in commodity prices, in particular copper which jumped by 6.2 per cent.
From Global Markets May 06
The economy is expected to grow at 8%, following a 7.7% growth in the first quarter.
From Global Markets May 05
-A-REITs strong in April-Low rates support move to A-REITs-Sector appears more stable now-Focus on yield, earnings and location
From Economy May 06
At least 1,170 students stand to get affected and 157 teachers stand to lose their jobs once Queensland pursues to close nine of its state public schools.
From Politics & Policy May 06
IG MARKETS CHIEF STRATEGIST, CHRIS WESTON'S VIEWS:
Asian markets have opened the new week on a firmer footing after the solid US payrolls report. Still, with Japan offline today volumes have been pretty poor in the markets that are still open.
From Politics & Policy May 06
The Dow Jones Industrial Average was up 142.38 (0.96 per cent) to 14,973.96 on Friday, after having breached the 15,000 mark earlier for the first time.
From Global Markets May 06
An unexpected improvement in the US labour market lifts Asian market sentiments.