The Australian dollar fell during Asian trade yesterday after the minutes of the US Federal Reserve's December meeting showed some policymakers were pushing for its bond buying program to end as soon as this year. The Fed minutes showed a ...
Tags: Australian dollar, Asian trade, Federal Reserve, Fed minutes
An ASSOCHAM report said that the quality of governance, inflation and the government’s fiscal situation will remain the key differentiators in 2013 between India managing to cope up with the global slowdown and further erosion in the ...
Tags: ASSOCHAM, economic, economic situation, industry
The Australian dollar is higher, getting some support from stronger iron ore prices and gains on the local sharemarket. Mr Hans Kunnen, St George chief economist said that the local dollar's rise was not because of the US budget ...
Tags: Australian dollar, iron ore, prices, sharemarket
Markit's Eurozone Manufacturing Purchasing Managers Index (PMI) was at 46.1 points in December, down slightly from November's 46.2 points and below the earlier flash estimate of 46.3. The Markit Final Eurozone Manufacturing PMI was below ...
The sharemarket moved the dial a click further to boom conditions by closing at a 19-month high thanks to growing interest in blue chips and miners, and a strong tailwind from the US market's fiscal resolution-driven 2.35 per cent, ...
Tags: sharemarket, growing interest, blue chips, miners
The sharemarket closed higher for a second day yesterday, buoyed by a last-minute budget deal in the US that drove global equities and commodity prices sharply higher on Wednesday night. The benchmark S&P/ASX 200 finished up 0.7 per cent ...
Tags: sharemarket, US, global equities, commodity prices
Global mergers and acquisitions took a hit last year as the value of deals fell by 2.7 per cent to its lowest point in two years while Australia's activity was curtailed by a slowdown in energy and mining transactions. In its round-up ...
Tags: Australia, energy, mining transactions, value of deals
The Australian dollar is higher after US politicians reached a deal to roll back a series of measures that threatened to push America back into recession -- a situation known as the fiscal cliff. At 07:00 AEDT, the local unit was trading ...
Tags: Australian dollar, US, America, fiscal cliff
The sharemarket started the new year with a bang as US politicians agreed on a budget deal to avoid the worst of the so-called fiscal cliff, which had threatened to derail the world's biggest economy. The benchmark S&P/ASX 200 closed up ...
Tags: sharemarket, bang, US, fiscal cliff
Australian markets got off to a roaring start to 2013 yesterday, with the avoidance of the January 1 US fiscal cliff of tax increases and spending cuts combining with rising iron ore prices to send the stockmarket on its biggest one-day ...
Tags: shares, 2013, US, fiscal cliff, stockmarket
The Australian dollar gained today after US lawmakers agreed on a range of measures designed to avert sweeping tax hikes and around $US110 billion in spending cuts, known as the fiscal cliff. After weeks of negotiations that had already ...
Tags: Australian Dollar, US, Fiscal Cliff, currency
The Australian dollar has hit a two week high after US politicians succeeded in passing legislation to avoid a potential economic crisis. At 07:00 AEDT, the local unit was trading at $US1.0490, up from $US1.0473 yesterday. In ...
Tags: Australian dollar, US Dollar, Yen, currency market
Market watchers predict the local sharemarket will forge further ahead this year after surging almost 15 per cent last year, the result of a second-half recovery that defied concerns about sovereign debt in Europe and the US and a Chinese ...
Tags: shares, 2013, non resource sectors, sharemarket
The Australian dollar is slightly lower amid doubts there will be a successful outcome to the US budget negotiations. At 07:00 AEDT, the local unit was trading at $US1.0366, down from $US1.0374 on Friday. The main driver for markets ...
Tags: Australian dollar, outcome, US budget negotiations, fiscal cliff
Strong Chinese manufacturing data was not enough to shake the Australian dollar from its slumber yesterday, with traders glued to any news from Washington as talks over the so-called fiscal cliff went down to the wire. The Aussie ...
Tags: Aussie dollar, Washington, negotiations, fiscal cliff