The sharemarket has opened almost 1.5 per cent weaker as former Italian prime minister Silvio Berlusconi's strong electoral showing sparked fears of eurozone instability. At 10.26am AEDT the benchmark S&P/ASX200 index was down 75.1 ...
Tags: Stocks, Italian Elections, CMC Markets
The Australian dollar fell slightly against its US counterpart following a downgrade to Britain's credit rating. At 6.30am AEDT the currency was trading at 103.05 US cents, down from 103.13 cents at Friday’s local close. Ratings ...
Tags: Australian dollar, US dollar, currency
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 share market weakened slightly before upcoming events including the release of European and US economic data, the weekend meeting of G20 finance ministers and central bankers in Moscow, and Italian elections the following weekend. ...
The sharemarket rose after a report showed falling interest rates were lifting parts of the nation's housing market, while manufacturing data from China indicated that an economic recovery remained on track. BHP Billiton, the world's ...
Tags: Stocks, economic recovery, iron ore gains
The Australian sharemarket limped to a flat close after a dovish speech from Federal Reserve chairman Ben Bernanke and a strong production report from Rio Tinto failed to dissuade investors from taking profits following strong gains in ...
Tags: Australian sharemarket, Rio Tinto, economy