AFTERNOON REPORT (4.30pm AEDT) Fiscal cliff negotiations dominated investor sentiment today, sending local stocks off recent 18 month highs and into the red. The Republican House Speaker
Risk assets reversed losses once again driven by headlines regarding the fiscal cliff negotiations. House Speaker John Boehner’s pledge to work with President Obama was enough to help improve
MID-SESSION REPORT (12pm AEDT) The Australian sharemarket continues its formidable run, with the All Ordinaries Index (XAO) up by 0.4 per cent or 19.2 pts to 4665.8.