Articles by Existing Home Sales

  • Australian Stock Market Report – Morning December 23, 2014Australian Stock Market Report – Morning December 23, 2014

    December 23 2014 9:55 AM

    In US economic data, the national activity index rose from a revised reading of +0.31 in October to +0.73 in November. Existing home sales fell by 6.1% to a 4.93 million annual rate in November, down from an expected level of 5.2 million.

  • Australian Stock Market Report – Afternoon December 22, 2014Australian Stock Market Report – Afternoon December 22, 2014

    December 22 2014 7:19 PM

    Australian shares improved for the fourth straight day with the ASX 200 Index up 1.9 per cent and finishing near intraday highs. Generally markets are quiet as we approach Christmas; however a surge in oil and iron ore prices on Friday have helped both energy and mining industries gain strongly.

  • Australian Dollar Outlook – December 22, 2014Australian Dollar Outlook – December 22, 2014

    December 22 2014 11:26 AM

    The Australian Dollar had a quiet day of trading on Friday and has opened in the mid .8100's this morning.

  • Australian Stock Market Report – Morning December 22, 2014Australian Stock Market Report – Morning December 22, 2014

    December 22 2014 10:08 AM

    In US economic data, the Kansas City Federal Reserve manufacturing index was steady at +9 in December with the composite index up from +7 to +8.

  • Australian Dollar Outlook – December 15, 2014Australian Dollar Outlook – December 15, 2014

    December 15 2014 11:07 AM

    The Australian Dollar has opened trading this morning in the mid .8200's after another day of weaker commodity and equity markets on Friday.

  • Australian Stock Market Report – Morning November 21, 2014Australian Stock Market Report – Morning November 21, 2014

    November 21 2014 9:46 AM

    In the US, the Philadelphia Fed Business Activity Index lifted from 20.7 to 40.8 in October - its highest reading since 1993. The new orders sub-index was at the highest level in 26 years. US Consumer prices were unchanged in October to be 1.7% higher than a year ago. The tame result was driven by a slide in energy prices (-1.9%) and gasoline prices (-3%) in October. Excluding food and energy prices were up 0.2% to be up 1.8% on a year ago.

  • Australian Stock Market Report – Afternoon October 21, 2013Australian Stock Market Report – Afternoon October 21, 2013

    October 21 2014 9:24 PM

    Australian shares faded this afternoon to end a touch lower for the first time in six days. The All Ordinaries Index (XAO) fell by 0.1 per cent following the 0.9 per cent improvement on Monday. Better than expected Chinese economic news initially boosted markets and currencies at 1pm AEDT.

  • Australian Stock Market Report – Morning October 21, 2013Australian Stock Market Report – Morning October 21, 2013

    October 21 2014 10:38 AM

    European shares fell on Monday, trimming gains made in the previous session. German software maker SAP fell 5.8% after cutting its full-year profit outlook. The news hit the tech sector with the STOXX 600 Technology sector falling 2.4%. German sportswear firm Adidas rose 3.6% after the Wall Street Journal reported that an investor group was planning a bid to buy Adidas's Reebok unit. The FTSEurofirst 300 index lost 0.5%. The UK FTSE fell 0.7% and the German Dax lost 1.5%. And Australia's m...

  • Australian Stock Market Report – Morning September 23, 2014Australian Stock Market Report – Morning September 23, 2014

    September 23 2014 8:59 AM

    In US economic data, existing home sales fell by 1.8% to a 5.05 million annualised rate in August, short of forecasts tipping sales near 5.20 million. And the national activity index fell from 0.39 to minus 0.21 in August.

  • Australian Stock Market Report – Morning September 22, 2014Australian Stock Market Report – Morning September 22, 2014

    September 22 2014 8:42 AM

    In US economic data, the leading index rose by 0.2% in August, short of forecasts tipping a 0.4% gain. The weekly Economic Cycle Research Institute index was up 2.1% on a year ago, up from 1.7% in the previous week.

  • Australian Dollar Outlook - 15 September 2014

    September 15 2014 11:36 AM

    Bell FX Currency Outlook: The Australian Dollar continued its slide over the weekend after some figures from China were softer than expected.

  • Australian Stock Market Report – Morning August 21, 2014Australian Stock Market Report – Morning August 21, 2014

    August 21 2014 9:14 AM

    According to minutes from the last Federal Reserve meeting some members were encouraged by recent developments: "Labor market conditions had moved noticeably closer to those viewed as normal in the longer run." But then the report noted: "Most Fed policymakers wanted more evidence before changing rate views."

  • Australian Stock Market Report – Morning July 22, 2014Australian Stock Market Report – Morning July 22, 2014

    July 22 2014 9:27 AM

    European shares eased on Monday with investors concerned about ongoing tensions between Russia and western nations. Fresh violence has flared up in Donetsk in eastern Ukraine. The FTSEurofirst 300 index fell by 0.5% with the German Dax down by 1.1% while the UK FTSE lost 0.3%. Australia´s major miners were mixed in London trade with shares in BHP Billiton up by 0.1% while Rio Tinto lost 0.2%.

  • Australian Dollar Outlook - 25 June 2014

    June 25 2014 10:16 AM

    Bell FX Currency Outlook: The Australian dollar declined overnight as fighting in Iraq weighs on risk appetite.

  • Australian Dollar Outlook - 24 June 2014

    June 24 2014 11:53 AM

    Bell FX Currency Outlook: The Australian dollar remains above 0.9400 cents on the back of surprisingly strong Chinese manufacturing figures.

  • Global Markets Overview – June 24, 2014

    June 24 2014 10:06 AM

    The major development from overnight trade was news that Iraq's army enjoyed a minor victory after recapturing some territory from militants. This resulted in a sharp decline in oil prices, particularly Brent crude which is more sensitive to geopolitical issues. The drop in oil along with some encouraging US economic data in the form of flash manufacturing PMI and existing home sales helped US markets come off their lows and finish the session relatively flat. However, it was a different stor...

  • Australian Stock Market Report – Morning June 24, 2014

    June 24 2014 10:00 AM

    In US economic data, the Markit ´´flash´´ manufacturing purchasing manager's index rose from 56.4 to 57.5 in June, above forecasts near 56.5. Existing home sales rose by 4.9% to a 4.89 million annual rate in May, above forecasts of 4.73m. And the national activity index rose from minus 0.15 points to +0.21 points in May.

  • Australian Stock Market Report – Afternoon June 23, 2014

    June 23 2014 5:32 PM

    It was a solid start to the trading week, the All Ordinaries Index (XAO) adding just over 31 points by the close of 0.6 per cent to 5432.7 points after China factory data came in above expectations.

  • Australian Dollar Outlook - 23 June 2014

    June 23 2014 1:48 PM

    Bell FX Currency Outlook: The Australian Dollar has come off its recent highs to start this week of trading below 0.9400.

  • Australian Stock Market Report – Morning June 23, 2014Australian Stock Market Report – Morning June 23, 2014

    June 23 2014 8:56 AM

    In US economic data, the Economic Cycle Research Institute index was up by 4.4% on a year earlier in the latest week, down from 4.5% in the previous week.