Hints that the Federal Reserve could pull back on its easing efforts later this year sent stocks broadly lower, with high-dividend-yielding stock sectors leading declines. After falling modestly in the initial minutes following the ...
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
The unveiling of Prime Minister Shinzo Abe's long-awaited growth strategy did little to stem the recent slide in Japanese stocks, with the Nikkei 225 closing down 3.8 per cent yesterday. And analysts warned that the measures announced -- ...
Tags: Abenomics, Growth Strategy
The Australian dollar is slightly higher as investors shrugged off weak economic data and sat on the sidelines waiting for bigger events. At 5pm AEST, the local unit was at 96.56 US cents, up from 96.41 cents on Friday, and at its high ...
Tags: Dollar, Investor, Economic Data
Retail investors will now be able to buy $10,000 parcels of Australian government bonds on the Australian Securities Exchange, five years after the process began to make it possible. ASX chief executive Elmer Funke Kupper launched the ...
Tags: ASX Bond Market, Business
The Australian dollar has remained below parity with the greenback as healthy American retail data underpinned strength in the US currency. At 12pm AEST today the dollar was trading at 99.77 cents, down almost a quarter of a US cent from ...
Tags: Australian Dollar, Retail Data
Australian government bonds will be traded on the Australian Securities Exchange from May 21. The new arrangement will allow investments in Treasury Bonds and Treasury Indexed Bonds in the form of CHESS Depository Interests (CDIs). ...
Tags: ASX Trade, Government Bonds
The dollar was higher today as investors continued to lower their expectations of further interest rate cuts in 2013. Futures markets were pricing in just 18 basis points of interest rate cuts, compared with 50 basis points at the start ...
Tags: dollar, futures markets, cash rate
A biiger-than-expected trade deficit for January hurt the Australian dollar in the Asia session but overall trading was subdued. Australia posted a seasonally adjusted trade gap of $1.06 billion in January, compared with $688 million in ...
ANZ is pitching to service the corporate bond market in Vietnam, which is reopening after several slow years. "The market has been very quiet over the last 2 1/2 years but ANZ has been one of the first banks to reactivate the market ...
Tags: ANZ, bond market, investment
Banks, property trusts, consumer staples and energy companies pushed the sharemarket to its highest close since September 2008, as investors digested earnings reports while awaiting the overnight release of minutes from the US Federal ...
Tags: Banks, property trusts, consumer staples, energy companies
The sharemarket rose to a multi-year high yesterday amid growing optimism about corporate earnings and continued weakness in the domestic bond market. Minutes from the Reserve Bank's February board meeting left the door open to more ...
Tags: Earnings, sharemarket, bond market
The sharemarket resumed its upward march yesterday as corporate earnings encouraged investors to continue moving from cash and bonds to equities. The benchmark S&P/ASX 200 closed up 0.6 per cent at 5063.4 -- its highest since the ...
Tags: earnings, sharemarket, benchmark
The Australian sharemarket rose to a fresh four-and-a-half year high today as positive domestic earnings reports and further signs of improvement in the global economy encouraged investors to continue moving money from cash and bonds to ...
Tags: Australian sharemarket, earnings, equities
Weaker investor sentiment sent the Australian dollar to its lowest levels since October in thin trading conditions because of the Lunar New Year celebrations in Asia. The sharemarket was flat, also in thin trading, as investors remained ...
Tags: Australian dollar, October, lowest levels