Australian manufacturing data has been released in the morning hours today and the data looked a bit on the weaker side. This is the 10th straight month in which this data has been weak. Many expected this data to come in weak but the data was weaker than anticipated. The Australian Industry Group, officially said […]
Most of the world markets have moved up in the past few months. Some of major economies have even broke their important resistance levels and their yearly highs. Most of them are nearly or at the highs of this year at the ending of this fiscal year. This movement in the global markets is clearly […]
In the past, Australian home prices have been weak and they are continuing this trend in the present, too. The Australian capital city home prices fell for the second consecutive year and the home builder companies seem to have sector specific problems due to this issue. Real estate analysts, RP Data and Rismark, said that […]
Asian markets are trading higher after the approval of the fiscal deal by the Republicans in the United States. These talks have been in the markets since so many days and the markets were quite nervous about the deal going through. Many analysts predicted that this deal would not be approved by the Congress, so […]
It has become common these days, for many people to apply for the Private Health insurance scheme and cover their health care needs. The escalating cost of medical expenses and the related costs have made it impossible for the common man to shoulder the medical burden, and hence a coverage that will lessen this burden […]
Long-term care insurance is extremely useful in your attempt to protect all your retirement savings. Be aware that it is never too early to begin saving for your retirement. It is even advisable for you to start early because this will allow you to accumulate as much money as you can and make sure that […]
The Australian All Ordinaries index was down 0.44% at 4,665 level on United States fiscal cliff fears. Australian shares have however surged during 2012, and have notched up their best performance since 2009 surging almost 15% in 2012. Analysts expect this performance to continue at least in the first half of the next fiscal year, […]
United States Dollar: The United States Dollar remains steady versus the single currency Euro in Asian trading today. The uncertainty over the Fiscal Cliff has led to a small rally in the US dollar Index over the last week. On the longer term the US dollar is slipping steadily against the basket of currencies, over […]
Crude Oil: Oil is fractionally giving up its last week’s gains on concerns that politicians in the US will not reach any decision over the fiscal cliff and as a result the US economy will slip in to a recession. Also the fiscal cliff issues are making the crude not to extend its gains for […]
DOW JONES INDUSTRIAL AVERAGE: With the Fiscal Cliff issue dominating the markets, the Dow Jones Industrial Average has slipped below the 13,000 level on fears that in case the Fiscal Cliff issue is not addressed by any Congressional deal, the resulting tax increases and spending cuts would push the US economy in to recession. US […]
