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Markets Live: Miners alone can't buoy stocks
Sep 10th 2012, 04:15

Local shares are flat, despite by strong gains among miners on bets that China and the US will react to weak economic data by announcing further stimulus measures. Housing finance drops, underscoring weakness China slowdown signals early stimulus Dollar rises after US jobs numbers 1.11pm: Especially the fall in import numbers seems to be worrying the market, which has just slumped to the day's low, down 0.2 per cent. 1.08pm: Chinese trade numbers are in and they're offering a mixed picture. The trade surplus rose to $US26.7 billion, well outperforming estimate of a $US19.5 billion rise. However, imports dropped 2.6 per cent over the year, while the market had tipped a 3.5 per cent rise....

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