Dec 22, 2002 (Herald Sun - ABIX via COMTEX)

Australian investors are expected to focus on overseas developments during the Christmas week 2002. CommSec analyst Craig James said the potential for war would continue to dominate attention, but there was also a full schedule of US economic data. Stock prices surged in the US on 20 December 2002 after Federal Reserve chairman Alan Greenspan said the US faced no immediate deflation threat. The Australian market also gained ground on 20 December 2002, with the All Ordinaries index up 19.6 ...