A biiger-than-expected trade deficit for January hurt the Australian dollar in the Asia session but overall trading was subdued. Australia posted a seasonally adjusted trade gap of $1.06 billion in January, compared with $688 million in ...
The Australian dollar was a third of a US higher after US and European stocks made strong gains in overnight trade. At 6.30am AEDT the local unit was trading at 102.73 US cents, up from 102.40 cents at yesterday’s local close.
Tags: Australian dollar, stock market, economy
The benchmark S&P/ASX 200 closed down 0.2 per cent at 5109.2 after hitting a 4 1/2-year high of 5135.7 in early trading. Share trading value worth $5.2 billion slipped just below the 20-day moving average of $5.3bn. Asian markets were ...
Tags: benchmark, economic data, finance
The Australian dollar was half a US cent lower despite Wall Street stock markets making solid gains overnight, with the Dow Jones Index reaching fresh record highs. At 6.30am AEDT the local unit was trading at 102.38 US cents, down from ...
Tags: Australian dollar, US cent, stock markets
The sharemarket has shot up by more than 1.5 per cent at noon, with investors using yesterday's falls to lap up cheaper stocks. CMC Markets chief market analyst Ric Spooner describes it as a relief rally following Monday's decline. The ...
Tags: Stocks, sharemarket, ANZ
The Australian sharemarket roared back yesterday, recovering most of its 75-point loss on Monday, after a US Federal Reserve official reiterated the central bank's commitment to quantitative easing, local retail sales exceeded expectations ...
Tags: sharemarket, benchmark, Share trading value
The Australian dollar has continued to gain ground after the release of better-than-expected retail spending figures. At 6.30am AEDT the local unit was trading at 102.54 US cents, up from 102.44 cents at yesterday’s local close. ...
The dollar climbed sharply today after the Reserve Bank of Australia left interest rates unchanged and indicated there is little rush to cut rates again soon. Earlier, government data showed retail sales rose at their fast pace in seven ...
The Australian dollar is more than half a US cent higher ahead of the Reserve Bank of Australia's March interest rate decision. At 6.30am AEDT, the currency was trading at 101.81 US cents, up from 101.25 US cents on Monday afternoon. ...
Tags: Australian dollar, US cent, currency
THE dollar tumbled to its lowest level in eight months after China announced new measures to cool property prices, fuelling speculation that demand for Australia's commodities might weaken. The Aussie also fell after local data showed ...
Tags: economy, real estate
The Australian dollar tumbled to its lowest level in eight months in Asian trading yesterday after China announced new measures to cool property prices, fuelling speculation that demand for Australia's commodities may weaken. The dollar ...
Tags: Australian dollar, commodities, trading
The local sharemarket retreated from a 4 1/2-year high yesterday before last-minute budget talks at the White House aimed at avoiding $US85 billion ($83bn) of automatic US spending cuts, the so-called sequester, which were due to take ...
Tags: sharemarket, Shares, benchmark
The Australian dollar is lower following the release of weaker Chinese manufacturing data on Friday and the onset of automatic spending cuts in the US. At 6.30am AEDT today, the currency was trading at 101.99 US cents, down from 102.36 US ...
Tags: Australian dollar, currency, US cents
The Australian sharemarket has reached a fresh four-and-a-half-year high, buoyed by improved investor sentiment towards the Italian election outcome. At the close today, the benchmark S&P/ASX200 index was up 67.5 points, or 1.34 per cent, ...
Tags: Buoyant, Australian sharemarket, 2008 levels
The Australian dollar drifted almost half a US cent lower overnight, partially reversing gains made after the release of domestic capital expenditure figures yesterday. At 6.30am AEDT the currency was trading at 102.28 US cents, down from ...
Tags: Australian dollar, currency, US cents