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The share market is edging up in early trade after a relatively1 flat finish on Wall Street. Right now, the ASX 200 is a quarter of a per cent higher. Taking a looking, overnight in the US, weaker than expected existing home sales and disappointing earnings2 from Mc Donalds weighed on the market. Across the Atlantic, markets closed before the arrival of the royal baby. The FTSE 100 shed point-one per cent
The Australian dollar is buying close to 93 US cents now.
And commodity prices jumped overnight.Golds saw its biggest jump in three months, while oil prices are also rising.
An anti-coal activist3 has been given unconditional4 bail5 over charges of releasing a fake press statement that forced a trading halt on Whitehaven Coal. Jonathan Moylan issued the hoax6 release in January, saying the ANZ bank had withdrawn7 funding from Whitehaven Coal's Maules Creek8 Mine in northwestern New South Wales. The release saw more than 300 million dollars wiped off the share price before it later recovered. Moylan appeared briefly9 in court today and the matter has been adjourned10 until September.
And the biggest story of the day. The royal baby boy isn't just a boon11 to the royal family, but the UK economy as well, according to the UK's Centre for Retail12 Research. The parties are expected to net 87 million pounds for retailers13. Toys and souvenirs 80 million pounds and media of the event will come in just under that, totalling 243 million pounds or nearly half a billion Australian dollars.
点击收听单词发音
1 relatively | |
adv.比较...地,相对地 | |
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2 earnings | |
n.工资收人;利润,利益,所得 | |
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3 activist | |
n.活动分子,积极分子 | |
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4 unconditional | |
adj.无条件的,无限制的,绝对的 | |
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5 bail | |
v.舀(水),保释;n.保证金,保释,保释人 | |
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6 hoax | |
v.欺骗,哄骗,愚弄;n.愚弄人,恶作剧 | |
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7 withdrawn | |
vt.收回;使退出;vi.撤退,退出 | |
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8 creek | |
n.小溪,小河,小湾 | |
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9 briefly | |
adv.简单地,简短地 | |
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10 adjourned | |
(使)休会, (使)休庭( adjourn的过去式和过去分词 ) | |
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11 boon | |
n.恩赐,恩物,恩惠 | |
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12 retail | |
v./n.零售;adv.以零售价格 | |
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13 retailers | |
零售商,零售店( retailer的名词复数 ) | |
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