Oceania Economy news, Markets and Business Trends - Made-in-China.com

Australian Dollar Weakened Despite Another Firmer Finish on Wall Street

Jun 18, 2013

The Australian dollar weakened despite another firmer finish on Wall Street. At 6.30am AEST the local unit was trading at 95.56 US cents, down from 96.21 cents at yesterday’s local close. The Australian dollar, a risk appetite ...

Tags: Australian Dollar, US Stock

Aussie Fell as Commodity Prices Slide

Jun 18, 2013

The Aussie fell after the central bank left the door open for more interest rate cuts and forecast the currency might fall further as commodity prices slide. The minutes of the Reserve Bank of Australia's policy meeting on June 4 showed ...

Tags: Dollar, Rate Cuts

Australian Shares Fall as Investors Nervously Wait for an Update on Economic Stimulus

Jun 18, 2013

Australian shares have fallen as investors nervously wait for an update on economic stimulus measures in the US. The benchmark S&P/ASX200 index was down 11.5 points, or 0.24 per cent, at 4814.4. The broader All Ordinaries index was down ...

Tags: Australian Shares, Investors

Dollar's Coming of Age as Global Reserve Currency Resulted in $200 Billion Buying Spree

Jun 18, 2013

The dollar's coming of age as a global reserve currency has resulted in a $200 billion buying spree by central banks and sovereign wealth funds since the global financial crisis, adding an estimated US6c-US8c to the dollar's value, ...

Tags: Australian Dollar, JP Morgan

Dollar Is Slightly Higher as Traders Wait for Whether US Will Wind Down Economic Stimulus

Jun 17, 2013

The dollar is slightly higher as traders wait for an announcement on whether the US Federal Reserve will wind down its economic stimulus measures. At 5PM AEST, the Aussie was trading at US96.21c, up from US95.94c on Friday. On Thursday ...

Tags: Dollar, US Federal Reserve

The Australian Sharemarket Is Expected to Open Lower

Jun 17, 2013

The Australian sharemarket is expected to open lower today as local investors practise caution ahead of expectations the US Federal Reserve could wind back its third round of bond purchases. Despite posting a late surge at the end of last ...

Tags: Investors, Fed Meeting, Sharemarket

Renewed Demand for Banking Stocks Has Driven The Overall Australian Sharemarket Higher

Jun 17, 2013

Renewed demand for banking stocks has driven the overall Australian sharemarket higher. The benchmark S&P/ASX200 index was up 34.1 points, or 0.71 per cent, at 4825.9. The broader All Ordinaries index was up 29.5 points, or 0.62 per ...

Tags: Banking Stocks, Sharemarket

Rio Tinto Sold $US3bn in Corporate Bonds in The US Market

Jun 17, 2013

Rio Tinto has sold $US3 billion ($3.1bn) in corporate bonds in the US market, making it the biggest high-grade deal since worries about the Federal Reserve pulling back on its bond-buying program stymied new issuance. Underwriters ...

Tags: Rio Tinto, Bond

Australian Share Market Closed Strongly, Posting Biggest Gain in Single Day

Jun 14, 2013

The Australian share market has closed strongly, posting its biggest gain in a single day so far this year. Strong overnight gains in US stocks after positive retail and jobless data and reports suggesting stimulus measures there were not ...

Tags: Stock Market

Fears of Possible Global Slowdown as US Money Printing Tapers off

Jun 14, 2013

Fears of a possible global slowdown as US money printing tapers off sent Asian markets into a tailspin yesterday, pulling the Australian equities market back towards a level that has all but wiped off the gains it has made this year. ...

Tags: Asian Markets

Australian Dollar Slumped to a Near Three-Year Low During Asia Trade

Jun 13, 2013

The Australian dollar slumped to a near three-year low during Asia trade after local economic data disappointed and Goldman Sachs warned the resource-rich country was at risk of a steep economic downturn. New government figures today ...

Tags: Australian Dollar, Service

Australian Share Market Extended Losses as Investors Continued to Move Their Money

Jun 13, 2013

THE Australian share market extended its losses today as investors continued to move their money offshore amid concerns about a weak global economy. The ASX closed lower for the 12th day in 16 trading sessions, representing a fall in ...

Tags: Share Market, Global Economy

Australian Dollar Closed Firmer Following Upbeat Consumer Sentiment Reading

Jun 13, 2013

The Australian dollar has closed firmer following an upbeat consumer sentiment reading and renewed pressure on the greenback. The currency touched US94.63c in late afternoon trading, up from US94.02c late on Tuesday. Twenty minutes ...

Tags: Consumer Sentiment, Service

Australian dollar closed firmer following an upbeat consumer sentiment reading

Jun 13, 2013

The Australian dollar has closed firmer following an upbeat consumer sentiment reading and renewed pressure on the greenback. At 5pm today, the currency touched 94.63 US cents, up from 94.02 cents yesterday. Twenty minutes after ...

Tags: Australian Dollar, US Dollar

China Rank First in Global Crude Steel Production of 2012

Jun 8, 2013

Japanese media reported that World Steel Association published crude steel production ranking of 2012. According to the data, China ranked first with the production of 716.5 million tons, increasing by 3.1% Y-O-Y. Its market share was ...

Tags: Crude Steel, Mineral

Oceania

Oceania

Hot Products