Gold demand is expected to rise in China and other Asian countries along the "Belt and Road" routes in the coming few years, the China Gold Association said on Tuesday. In a report on the likely impact on the gold market, officials ...
Tags: Gold Demand, Trade Initiatives, Gold
The Australian dollar fell to its lowest level since October 2011 amid weakness on global stock markets. The currency dropped to a low of 95.11 US cents early this morning. By 7am AEST it had recovered slightly and was trading at 95.46 US ...
Tags: Australian Dollar, Stock Markets
The Australian dollar fell to its lowest level in more than three months amid a weak night on global stock markets, before paring a little of its loss. At 6.30am AEDT the currency was trading at 102.86 US cents, down from 103.30 cents at ...
The Australian dollar fell to its lowest level in almost three months during a weak night on global stock markets. At 6.30am AEDT the currency was trading at 103.14 US cents, down from 103.56 cents at yesterday’s local close. The ...
Tags: Australian Dollar Slumps, Eurozone Economies, Equipment
The Australian dollar fell following news the US economy contracted in the final three months of 2012. At 6.30am AEDT the currency was trading at 104.26 US cents, down from 104.73 US cents at yesterday’s local close. The currency ...
Tags: Australian dollar, US economy, currency
The Australian dollar was slightly higher, despite weakness in global stock markets and disappointing German economic growth figures. At 6.30am AEDT the currency was trading at 105.52 US cents, up from 105.48 US cents at yesterday’s ...
Tags: Australian dollar, global stock markets, economic growth
Reuters reported that global stock markets surged almost 2.0%and commodity prices rallied yesterday after US legislators struck a deal to halt a round of automatic fiscal tightening that threatened to push the world's largest economy into ...
Tags: Saudi Market, Rallies, Fiscal Deal
THE Australian dollar was more than a third of a US cent lower following slides on global stock markets. At 6.30am AEDT the currency was trading at 105.16 US cents,down from 105.52 cents at yesterday's local close. The currency's move ...
Tags: Australian dollar, US, Europe
Siemens AG has delayed the initial public offering(IPO)of its Osram lighting unit following the slump in global stock markets. A statement on the German company's website said it was'firmly holding'to its plans to list the lighting ...
Tags: Siemens, Osram IPO, German, stock markets