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 ...
US stocks pushed to the highest levels in nearly three weeks as investors await news on whether the Federal Reserve will pull back on its stimulus measures. Small-company stocks were among the best performers in Tuesday's rally, with 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 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
Oil futures accelerated a bullish climb shortly ahead of the 2:30 p.m. EDT (1830 GMT) NYMEX market settle to close Thursday sharply higher amid rising equities and a weaker dollar. ICE July Brent expired up 76 cents at $104.25/b, after ...
Tags: Oil Futures, Chemicals
The Australian dollar has closed firmer following an upbeat consumer sentiment reading and renewed pressure on the greenback. At 5pm today, the currency touched 94.63 US cents, up from 94.02 cents yesterday. Twenty minutes after ...
Tags: Australian Dollar, US Dollar
THE Australian dollar has jumped sharply higher in a morning of volatile trading. The currency hit a two-and-a-half year low of 94.35 US cents shortly after midnight AEST before staging an impressive recovery. It climbed almost ...
Tags: Service
Further falls have been forecast for the Australian dollar, which yesterday dived below the US95c mark to levels not seen since October 2011. Speculation that the US Federal Reserve will begin to slow its monetary stimulus sooner than ...
Tags: Aussie Dollar, US95c
Crude futures diverged late in the US trading day Wednesday, as the front-month ICE Brent contract slid from a session high of $104.07/b to a low of $102.85/b in a little over 40 minutes. ICE July Brent settled 20 cents lower at ...
Tags: Crude Markets, Chemicals, Brent
Nippon Steel & Sumikin Stainless (NSSC), the largest stainless steel producer in Japan announced to leave its domestic prices stainless cold rolled coils (CRC) and plates unchanged for June in order to reflect lower nickel prices and ...
Tags: NSSC, CRC Prices, Construction&De
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
NYMEX July crude settled $1.48 higher at $93.45/barrel Monday, largely holding to overnight gains following better-than-expected eurozone manufacturing data. Weak US manufacturing data put downward pressure on the US dollar, which ...
Tags: Oil Complex, Us Dollar
The Australian dollar was more than one US cent higher following the release of disappointing US manufacturing figures. At 7am AEST the currency was at 97.70 US cents, up from 96.46 US cents at yesterday’s local close. Westpac New ...
Tags: Australian Dollar, US Factory Data
The sharemarket pared losses after falling to a four-month low today as the market began to speculate on the potential for a surprise interest rate cut from the Reserve Bank of Australia. A higher Australian dollar initially weighed on ...
Tags: Stocks, RBA Meeting
The oil complex pushed sharply lower late in US trade Friday, extending an overnight selloff prompted by a stronger dollar, lower equities markets and OPEC's decision to roll over its 30 million b/d output target following Friday's meeting ...
Tags: Metallurgy, Mineral, Energy, Oil