Oil Stocks Post Gains In Asian Markets On Higher Crude Oil Prices; Chinese Market Declines More Than 6% (Nasdaq) (RTTNews) - Mixed trading is being witnessed among the major stock markets in Asian region on Tuesday morning. Oil related stocks are trading in the positive territory following a rise in crude oil price in the international markets on Monday....more...Australian New Auto Sales Up 17.2% In May Vs April -Industry (The Forex Market) SYDNEY (Dow Jones)--Australian new auto sales rose 17.2% to 88,597 vehicles in May from 75,614 vehicles in April, the Federal Chamber of Automotive Industries said Tuesday....more... Australian Apr Bldg Approvals Rise 8.1% Vs Mar (The Forex Market) SYDNEY (Dow Jones)--The total number of Australian houses and apartments approved for construction rose a seasonally adjusted 8.1% in April from March, the Australian Bureau of Statistics said Tuesday....more... Strong Upswing In Australian Business Expectations - D&B (The Forex Market) SYDNEY (Dow Jones)--Australian businesses predict a strong upswing in sales, jobs and investment in the third quarter of this year, with forecasts for profits, employment and inventories in positive territory for the first time in more than a year, a survey published Tuesday shows....more... DATA SNAP: Australia 1Q Curr Acct Deficit A$15.38B (The Forex Market) SYDNEY (Dow Jones)--Australia's current account deficit narrowed to a seasonally adjusted A$15.38 billion in the first quarter of 2007 from a A$15.50 billion deficit in the fourth quarter 2006, the Australian Bureau of Statistics said Tuesday....more... Warwick McKibbin: Blueprint for a flexible, sensible climate policy (The Australian) THE release of the final report by the Prime Ministerial Task Group on Emissions Trading marks a new stage in the debate on how to implement realistic climate change policy. The timing of this excellent report is particularly important because it has the potential to be a strategy for climate policy at the global level as well as in Australia....more... Nybot Crossrate Currencies Futs Vol/Open Int - Jun 4 (The Forex Market) For previous business day Australian Dlr-New Zealand Dlr Australian Dlr-Japanese Yen vol open change vol open change ARM7 223 2,390 15 YJM7 228 3,121 163 ARU7 0 1,094 49 YJU7 56 1,089 50 ARZ7 0 0 0 YJZ7 0 0 0 ARH8 0 0 0 ttl 284 4,210 213 ttl 223 3,484 64 US Dlr-Canadian Dlr Australian Dlr-Canadian Dlr vol open change vol open change YAM7 12 26 -2 ASM7 37 1,492 -41 YAU7 0 0 0 ASU7 44 963 -2 ttl 12 ......more... Dow Jones Falls on Anticipation Bid May Be Accepted (Update2) (Bloomberg.com) June 4 (Bloomberg) -- Shares of Dow Jones & Co. declined for the first time in six days amid investor expectations that the Bancroft family may accept Rupert Murdoch's $60 a share bid for the publisher of the Wall Street Journal....more... Climate debate heats up G-8 (The Christian Science Monitor via Yahoo! News) This week's meeting of the world's eight top economic powers is set to become a battle over whether future efforts to combat global warming will continue to require binding international commitments or turn the clock back to 1992, when nations agreed to a less rigorous approach that the international community has long since rejected as ineffective....more... |