Local shares in Australia stocks market are expected to plummet due to the effect of the lastest financial turmoil in most of US biggest finacial companies.
The Australian dollar, associated with risk-heavy investment strategies, received a momentary reprieve this morning from the beating it has taken at the hands of risk-weary investors.
The Australian dollar, spiked to 80.23 US cents from 78.40 US cents in morning trade, only to return to 78.37 US cents, near March 2007 lows.
Among corporate events scheduled today, Bell Financial Group and Jabiru Metals hold their general meetings.
The second annual Asia-Pacific Experiential Marketing Summit will begin today, as will the 12th annual Queensland State Energy Outlook Conference begins in Brisbane today.
more...
0 comments:
Post a Comment