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The survey by the National Australia Bank has found trading additions for small and medium-sized companies fell sharply in the September quarter. Confidence was down for those companies involved in transport, business services and healthcare. However, optimism was a little stronger in retail1 and construction.
A quarry2 group has blamed uncertainty3 in global financial markets for a drop in first-half profit. Australia's biggest investment bank posted a 24 per cent fall in profit to $305 million. That's below analysts4' expectations. The company has also announced a share buyback plan worth almost $900 million.
And new doubts suggest the US economy could be morally picking up steam. Economic growth in the country nearly doubled to 2.5 per cent between July and September. The improvement was roughly in line with expectations and was fuelled by stronger consumer and business spending as well as international trade.
Let's check out the figures now, and the US market closed mixed with the Dow up slightly. There have been falls in Europe but also somewhat mixed in Europe there. And back home, both the All Ords and the ASX 200 up slightly.
Checking commodities, and gold was down just slightly as you can see. And on the currency market, the Australian dollar is buying 107 US cents.
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1 retail | |
v./n.零售;adv.以零售价格 | |
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2 quarry | |
n.采石场;v.采石;费力地找 | |
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3 uncertainty | |
n.易变,靠不住,不确知,不确定的事物 | |
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4 analysts | |
分析家,化验员( analyst的名词复数 ) | |
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