The Australian logo The Australian 17 months ago

Shares to slide as oil spurs inflation

LOCAL investors are facing a 90-point slide on the share market today amid mounting fears that oil will trigger further inflation, more financial sector losses will emerge and corporate earnings will be pummelled. Full Article at The Australian

Related Topics:

  1. Fukushiro Nukaga
  2. Henry Paulson
  3. International Monetary Fund

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Related Quotes

  1. People are expecting some disappointing numbers (in the US), and domestically, we're still seeing the earnings downgrades in industrials here
    SOURCE: The Australian 17 months ago
  2. You've had a couple of the bearish broking commentators talking the industrials down even further and I don't think our domestic analysts have really downgraded anywhere near enough yet
    SOURCE: The Australian 17 months ago
  3. What the market is worried about is that maybe the Fed will be constrained ... and maybe it won't cut rates, given the concerns about inflation ... Whereas earlier, the prospect was the Fed would do whatever was necessary, now there's all this talk about inflation and there's a fear that maybe the Fed w...
    SOURCE: The Australian 17 months ago
  4. It's an extremely hard place for the Fed
    SOURCE: San Francisco Chronicle 17 months ago
View all Related Quotes »
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