Sydney, Aug 14, 2007 (ABN Newswire) - Australian shares eased in morning trade as ongoing jitters about the global credit squeeze pressured the banks, and a warning about credit market volatility sent RAMS shares into a nose dive; more on that later in the report.
At Midday the benchmark S&P/ASX200 index has lost 60 points to 5.951 after rising 1.3 per cent the previous session. On the futures market the SPI 200's down 73.
In economic news, the National Australia Bank July monthly business survey hit 20 in July compared to 16 in June
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