The Australian share market dived to a two-month low today, mirroring declines in offshore markets after disappointing private-sector jobs data cast doubt on expectations of moderate growth in US non-farm payrolls data due tomorrow. ...
Tags: Market Slips, share market, RBS Morgans
The sharemarket rose this morning, with consumer staples and financials leading a broad-based recovery following lower-than-expected US jobless claims data. At 11.30am AEDT, the benchmark S&P/ASX200 was up 1 per cent at 5081.9 points. The ...
Tags: Stocks, sharemarket, benchmark
An afterglow effect from Australia's stellar jobs numbers helped support the dollar in quiet trade today, although traders cautioned that further significant gains for the currency are unlikely in the near term. "Today the Australian ...
The Australian dollar rose after traders in the US and Europe welcomed surprisingly strong domestic jobs figures. At 6.30am AEDT the currency was trading at 103.77 US cents, up from 103.64 cents at yesterday’s local close. The ...
Tags: Australian dollar, currency, US cents
The sharemarket closed down more than 1 per cent after better-than-expected jobs data lowered the chance of another interest rate cut. At the close today, the benchmark S&P/ASX200 index was down 60.2 points, or 1.18 per cent, at 5032.2 ...
Tags: sharemarket, Stocks, benchmark
The sharemarket fell sharply yesterday as iron ore prices declined and strong jobs news cooled hopes of interest rate cuts. Employment jumped by 71,500 places last month, the Australian Bureau of Statistics said. Economists had expected a ...
Tags: sharemarket, iron ore prices, iron ore
The Australian dollar was slightly lower ahead of the release of important domestic employment data. At 6.30am AEDT the currency was trading at 103.09 US cents, down from 103.14 cents at yesterday’s local close. The currency ...
The Australian dollar weakened after better-than-expected US jobs data boosted the greenback against most major currencies. At 6.30am AEDT the currency was trading at 102.09 US cents, down from 102.43 cents at Friday’s local close. ...
Tags: Australian Dollar, US Jobs Data
The benchmark S&P/ASX 200 closed down 0.2 per cent at 5109.2 after hitting a 4 1/2-year high of 5135.7 in early trading. Share trading value worth $5.2 billion slipped just below the 20-day moving average of $5.3bn. Asian markets were ...
Tags: benchmark, economic data, finance
Blue chips continued to climb to new heights, pushing beyond the record levels reached in yesterday's rally after a better-than-expected reading on the labour market. The Dow Jones Industrial Average climbed 42.47 points, or 0.3 per cent, ...
Tags: stock index, Stocks, Blue chips
The sharemarket closed at its highest level in 20 months yesterday as consumer staples, consumer discretionary, financial, energy and healthcare sectors enjoying strong gains as investors were frustrated with a lack of significant dips in ...
Tags: sharemarket, stocks, consumer staples
The Australian dollar rose ahead of the release of domestic jobs data. At 6.20am AEDT the local currency was at 105.63 US cents, up from yesterday’s local close of 105.53 US cents. During the overnight offshore session, the ...
Tags: Australian dollar, currency, US cents
The Australian dollar has closed flat after a quiet domestic session, with investors focused on the upcoming release of local and overseas economic data. At 5pm AEDT today, the local currency was at 105.53 US cents, little changed from ...
Tags: Australian dollar, economic data, currency
The Australian dollar has ended the local trading day a touch lower, after market players were disappointed by a speech from US Federal Reserve chairman Ben Bernanke. At 5pm AEDT, the Australian dollar was trading at 105.48 US cents, down ...
Australian shares rose slightly yesterday as global equity markets remained supported by tentative signs of improvement in China's economy. Fund managers tipped continued yield-based demand for Australian equities in particular, although ...
Tags: China, shares, global equity markets, economy