澳洲新闻 (ABC新闻快递) 2014-07-09
时间：2014-07-16 07:44:15
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A shrug1 of the tough Federal budget with an unexpected increase in confidence, the widely watched NAB survey has found the optimists2 outwiped pessimists3 in June with business conditions hitting a five-month high.
Most industries showed improvement but it was construction doing the heavy lifting.
Sun Times is predicting a 25% drop in second-quarter profit because of a slowdown in the smart phone market and the strength of the Korean currency.
The company is expected to make an operating profit of $7b down from $9.5b a year ago.
And the Vatican Bank has also reported a big drop in profits. The bank's profit last year was less than $4m compared with well over $100m the previous year.
The bank says the figures reflect the cost for it reforming the institution; Pope Francis has sought to stamp out
corruption4 and other abuses at the Vatican.
Let's go to the market:
Wall Street has lost ground for the second day in a row with
investors5 stay cautious ahead of an earning season next week.
The Dow closed down; the Nasdaq lost more than 1%. The S&P 500 is also trading 14 points lower; in London overnight FTSE fell 85 points.
And the commodity prices:
West Texas Crude is trading at USD104 a barrel, Tapis Crude, USD111 a barrel, gold USD1,319 an ounce, and the Australian Dollar is buying 94 US cents, 69 Euro cents and 55 Pound
Sterling6.
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