Dun & Bradstreet’s latest Business Expectations Survey indicates a fairly subdued outlook for the first quarter of 2016, as results continue to fall short of expectations. As the new year approaches, businesses are reporting lowered ...
Company profit expectations have reached their highest level since 2003, with Australian businesses anticipating a jump in takings in the New Year on the back of stronger sales and firming selling prices. Continuing initial positive ...
Tags: Business Earnings, economy
China economy growth is encouraging and Australia's inflation has been eased, said Loewe, vice president of Reserve Bank of Australia. "The pessimism about China economy has proved faulse again. Recent economy growth is quite encouraging. ...
Tags: China Economy, Inflation rate
The Australian dollar was weaker as markets warmed again to the idea that the central bank will cut interest rates next month. "Domestic press speculation of an RBA rate cut in early August has weighed on the Australian dollar," RBC ...
Tags: Australian Dollar
THE Australian dollar rose after investors interpreted the Reserve Bank of Australia minutes as suggesting there was less chance of another rate cut in August. At 6.30am AEST the local unit was trading at 92.54 US cents, up from 91.82 ...
Tags: economy
A COMMENT by the Reserve Bank of Australia that Australia's tumbling currency would push up inflation over time fuelled a sharp rise by the Aussie in Asia today. In minutes of its July 2 policy meeting, the Reserve Bank of Australia said ...
ENCOURAGING signs for the housing sector have driven a rise in banking shares, which pushed the market to a fifth straight day of gains. The release of China's latest economic growth figure of 7.5 per cent - in line with expectations - ...
Tags: housing sector, economy
THE Australian dollar has regained some ground after dropping below 91 US cents for the first time in almost three years. At 6.30am AEST, the local unit was trading at 90.75 US cents, up from 90.62 cents at yesterday’s local close. ...
Tags: Dollar, Australian dollar, economy
THE Australian dollar has opened at its weakest level since August 2010 as US equity markets slide. At 6.30am AEST the local unit was trading at 91.17 US cents, down from 92.62 cents at Friday's local close. The currency fell below 92 ...
Tags: Australian Dollar, economy
The Australian dollar continued to fall today, sparking the biggest one-day sell-off in government bonds since the turmoil in global markets that followed the collapse of US investment bank Lehman Brothers in late 2008. Bond traders said ...
The Aussie slumped to a fresh 33-month low today as the US central bank signalled plans to rein in its stimulus program before the end of the year and China's economy showed more signs of a slowdown. At 5pm AEST, the Aussie was trading at ...
The Aussie fell after the central bank left the door open for more interest rate cuts and forecast the currency might fall further as commodity prices slide. The minutes of the Reserve Bank of Australia's policy meeting on June 4 showed ...
Australian shares have fallen as investors nervously wait for an update on economic stimulus measures in the US. The benchmark S&P/ASX200 index was down 11.5 points, or 0.24 per cent, at 4814.4. The broader All Ordinaries index was down ...
Tags: Australian Shares, Investors
The dollar is slightly higher as traders wait for an announcement on whether the US Federal Reserve will wind down its economic stimulus measures. At 5PM AEST, the Aussie was trading at US96.21c, up from US95.94c on Friday. On Thursday ...
Tags: Dollar, US Federal Reserve
The Australian sharemarket is expected to open lower today as local investors practise caution ahead of expectations the US Federal Reserve could wind back its third round of bond purchases. Despite posting a late surge at the end of last ...
Tags: Investors, Fed Meeting, Sharemarket