The sharemarket fell yesterday as banks came under pressure when data showed home-loan approvals fell, and a strategy update from National Australia Bank failed to impress investors. The benchmark S&P/ASX 200 closed down 0.5 per cent at ...
Tags: sharemarket, data, home-loan approvals
The Australian dollar was higher in Asian trading yesterday as investors continued to lower their expectations of further interest rate cuts this year. Futures markets yesterday were pricing in just 18 basis points of interest rate cuts, ...
Tags: Rates, Australian dollar, dollar
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
The local sharemarket rose to a 4 1/2-year high yesterday as the economic outlook for the US and China brightened and eurozone worries eased, with National Australia Bank spiking higher on reports of a cost-cutting plan. The benchmark ...
Tags: sharemarket, benchmark, shares traded
The Reserve Bank's decision yesterday to keep rates on hold for the second month in a row pushed the Australian dollar higher but capped share price gains as traders pared back the likelihood of further interest rate cuts this year. The ...
The Australian dollar was lower late today as the US dollar strengthened broadly in the wake of more solid economic data from the world's largest economy. Initial claims for US jobless benefits last week dropped to 344,000, compared with ...
Tags: Aussie dollar, Australian dollar, US cents
Australian shares rose to a 4 1/2 year high yesterday on strength in Asian and European markets. US economic data beat expectations and central bankers in Europe and the US reassured investors easy monetary policy will continue. ...
Tags: Australian shares, economic data, shares
The Australian dollar was sharply higher today after companies reported better-than-expected investment intentions for the coming year. The solid investment report triggered heavy buying of the Australian dollar as traders reduced bets on ...
The dollar rallied strongly today after the Reserve Bank of Australia signalled it might be done cutting interest rates. At 4.30pm AEDT, the Aussie was trading at $US1.0310, up from $US1.0238 late yesterday. It traded as high as $US1.0323 ...
Tags: Reserve Bank of Australia, currency, dollar
The sharemarket closed at its highest level in more than four years, with gains across the board. The benchmark S&P/ASX 200 index had risen 18.5 points, or 0.37 per cent, to 5081.9 points, while the broader All Ordinaries index had added ...
Tags: Stocks, sharemarket, benchmark
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 was flat today after reaching a multi-year high amid mixed earnings reports, benign minutes from the Reserve Bank of Australia's January board meeting, and a lack of direction from US markets after Presidents' Day. ...
Tags: Stocks flat, earnings, sharemarket
The dollar is more than half a US cent lower after a meeting of G20 finance ministers helped fuel a continued sell-off in the yen. At 5pm AEDT, the currency was trading at $US1.0295, down from $US1.0364 on Friday. OzForex head of ...
Tags: Dollar, US cent, currency war
A sharp rise in consumer confidence in February fuelled a strong bounce by the dollar yesterday. At 5pm AEDT, the currency was trading at $1.0339, up US0.84c, after touching an intraday high of $US1.0361. A survey published by Westpac ...
The stockmarket pushed past the key 5000 level for the first time in almost three years and stayed there, after strong earnings results and a surge in consumer confidence suggested deep interest-rate cuts were doing the job of bolstering ...
Tags: stockmarket, Australia, net profit