Global Markets

Dow Jones

From Global Markets 9:08 pm

Australian Stock Market Report – Afternoon July 25, 2014

After a quiet night of trading on overseas market, where the Dow Jones index closed 3 points weaker and the NASDAQ composite ended down 2 points - the Aussie market closed slightly lower today. At the close of trade the ASX 200 ended down 0.08% or 4.

A young man smokes a marijuana joint at the Vancouver Art Gallery during the annual 4/20 day, which promotes the use of marijuana, in Vancouver, British Columbia in this file photo taken April 20, 2013. Young, casual marijuana smokers experience potential

From Politics & Policy 4:34 pm

Police Search Vancouver Marijuana Shop for Allegedly Illegally Selling to Neighbourhood Youth

Police in Vancouver, Canada raided a medical marijuana store on Thursday for allegedly selling illegal recreational marijuana to the neighbourhood youth. The store was Jim's Weed Lounge.

International Monetary Fund (IMF) Managing Director Christine Lagarde delivers opening remarks at the inaugural Michel Camdessus Central Banking Lecture in Washington July 2, 2014. REUTERS/Gary Cameron (UNITED STATES - Tags: POLITICS BUSINESS)

From Economy 3:59 pm

IMF Slashes Overall 2014 Global Forecast; Russia’s Implications with Malaysia Airlines MH17 Could Bring Economy to Recession

Rising tensions in the Middle East and Ukraine are sure to impact an already plummeting global economy reeling from slowdowns in the U.S. and China. On Thursday, the International Monetary Fund said projected global growth for 2014 has been lowered to 3.4 per cent, from the previous estimate of 3.7 per cent in April.

Asian stock market

From Global Markets 3:28 pm

Australian Stock Market Report –Midday July 25, 2014

The Australian sharemarket is falling for the first time in eight trading days, with the All Ordinaries Index (XAO) down 0.3 per cent. The falls are still only modest due to a lack of major drivers overnight. Shares in the U.S. finished largely flat despite the S&P500 continuing to hit fresh record highs on a daily basis.

A Russian Sukhoi Su-25 fighter plane lands as it arrives at Iraq's al-Muthanna military airbase at Baghdad airport, in Baghdad, July 1, 2014. Iraq's defence ministry said on Tuesday that the second batch of Russian Sukhoi (Su-25) fighter jets th

From Economy 2:02 pm

Jittery Global Aviation: London’s RAF Typhoons Mad Scrambled to Assist Private Jet After Losing Contact; No Threat, False Alarm

The mysterious disappearance of one commercial airliner four months ago, plus the three successive crash accidents in just the past week has definitely taken its toll on the jittery global aviation industry. On Wednesday, the British Armed Forces scrambled two of its Royal Air Force aircraft after air controllers lost contact with a private plane.

Pope Francis poses with Mariam Yahya Ibrahim of Sudan (C), her husband and two children during a private meeting at the Vatican July 24, 2014. The Sudanese woman, who was spared a death sentence for converting from Islam to Christianity and then barred fr

From Economy 1:13 pm

Pope Francis Meets Sudanese Woman Who Was Spared Death for Apostasy (PHOTOS)

Pope Francis was every inch visibly moved when he met on Thursday Meriam Ibrahim, the Sudanese woman who refused to recant her Christian faith even as a death sentence loomed over her head.

Four thousand U.S. dollars are counted out by a banker

From Politics & Policy 11:22 am

Australian Dollar Outlook - 25 July 2014

Bell FX Currency Outlook: The Australian Dollar kicked higher yesterday after China's flash manufacturing data as reported by HSBC for July rose to 52 from last month's figure of 50.7.

An Air Algerie Airways plane prepares to land at Houari Boumediene Airport in Algiers July 24, 2014.  An Air Algerie flight crashed on Thursday en route from Ouagadougou in Burkina Faso to Algiers with 110 passengers on board, an Algerian aviation officia

From Economy 11:10 am

End of Times Signs: 3 Aviation Accidents in 1 Wk, 500 Total Deaths; Air Algerie AH5017 Latest

Has the world reached the purging stage as precursor to the prophesied end of times? In just a span of seven days, some 500 lives were lost from around the world due to three aviation accidents, the latest of which is the Air Algerie flight AH5017.

From Economy 9:26 am

Daily Hotel Rates Up in Global Regions

Daily hotel rates increased year over year on a global scale, according to STR Global

Unemployment

From Global Markets 9:17 am

Global Markets Overview – July 25, 2014

While equities continue to extend their gains, sentiment appears to be a bit mixed as the major currency pairs maintain some tight ranges. While there were a few developments overnight, the dominant theme remained US corporate earnings and optimism around an improving global manufacturing picture.