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5 Sep 2008 key Markets Today
US stock markets plunged overnight on weak US data and negative market comment, the Dow and S&P down 3%. Aussie SPI futures are down 3.1%.
5 Sep 2008 key FX Markets Today
AUD selling resumed at pace overnight, fuelled by a still worsening outlook for global economic growth which led to further falls in commodity prices and sharp declines in equity markets.
5 Sep 2008 key Credit Today
Companies mentioned include: Qantas, Amcor, Lehmans and Freddie Mac, Envestra, ANZ and Gunns.
5 Sep 2008 key MBS Daily Ratesheet
5 Sep 2008 key Bond Rate Sheet
5 Sep 2008 key Hybrid Securities: Daily Ratesheet
ANZ has set the margin for its new Convertible Preference Share issue at the tight end of its marketing range, at 2.50% over the Bank Bill Rate, multiplied by 1-the corporate tax rate.
4 Sep 2008 key FX Markets Today
Currency markets are not for the faint hearted these days. In the space of 24 hours AUD/USD fell from above 0.8350 to 0.8234 (a one-year low) then rebounded to 0.8403 before settling where it started ...
4 Sep 2008 key Credit Today
Companies mentioned include: ANZ, Ambac, Downer EDI, Australand and Telstra.
4 Sep 2008 key Markets Today
US equity markets were mixed overnight, with the Dow up 0.1%, the S&P down 0.2% and the NASDAQ down 0.7%.
4 Sep 2008 key MBS Daily Ratesheet
4 Sep 2008 key Bond Rate Sheet
4 Sep 2008 key Hybrid Securities: Daily Ratesheet
Australand Property Group has completed an equity raising of around $461m through a share entitlement offer.
3 Sep 2008 key Data Review - GDP growth softens into mid year; right on RBA forecasts; consumers take the brunt
GDP growth of 0.3% for the June quarter was marginally below forecast, growth over the year came in at 2.7% .
3 Sep 2008 nabCapital expands its Natural Resources team
3 Sep 2008 key MBS Daily Ratesheet
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