Economy

The RBA kept rates on hold, again, as expected in October, but is progressively becoming more dovish in tone. The RBA has now hinted at the possibility of cutting rates if needed.   Read more

The markets open down, on the back of Italian credit downgrade but didn't stay down and now we've had a little bit of a rally. We knew that the Italian debt situation is not great.   Read more

Now, we've got two French bank downgrades thanks to Greek exposure, but because we've got the leaders Sarkozy and Merkel cooing that Greece is still going to be part of the Euro, the market seemed to think that was alright.  Read more

Local investors were still looking very much offshore, with announcement of French bank downgrade. The reality is investors have been captive to headlines for some months now.   Read more

The stock market has continued its terrible start to September as increasing fears of a global recession continue to rattle investors.

After another heavy night of selling in the United States and Europe, the Australian market shed another 1.5 per cent today, taking its loss for the first six days of the month to nearly four per cent, or well over $30 billion.   Read more