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There’s the evidence the housing market is losing steam with growth in capital city home prices easing in 2014. The Call Logic1 RP Data home value index shows capital city home values grow by 0.9% in December to take the annual increase to 7.9% while Sydney’s house prices held steady in December. The city did show the strongest gains over the year of 12.4%. Melbourne posted an annual gain of 7.6% and was followed by Brisbane and Adelaide.
The Australian share market is trading moderate as traders return for the first session of 2015. The All Ordinaries Index is up just a few points as is the ASX 200 Index, and the Australian share market managed to gain of just around 1% for the year of 2014. Telstra’s giving back recent gains. Shares in analysts’ eyes have jumped 33% after its director increases holding in the company. Fellow Iron Ore Miner has also on the rise and the Ten Network is the worst of the performers at the moment. US stocks fell on Wednesday as Crude Oil prices continued their decent but the S&P 500 Index closed down at third straight year of double digital gains. Over the year, the S&P 500 Index rose 11.4%. The Dow Jones rose by 7.5% and the Nasdaq rose by 13.4%. Checking commodities, and the price of Spot Gold is on the way up the Asian session. Crude Oil Prices are mixed. The Australian dollar right now is worth around 81.7 US cents.
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1 logic | |
n.逻辑(学);逻辑性 | |
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