The Australian dollar fell after US stocks lost ground overnight. At 6.30am AEDT the local unit was trading at 102.89 US cents, down from 103.01 cents at yesterday’s local close. US shares fell, after they reached five-year peaks ...
Tags: US shares, Australian dollar, US stocks
The Australian dollar rose after news that the US trade deficit shrank in December to its lowest level since January 2010. At 6.30am AEDT the local unit was trading at 103.09 US cents, up from 102.98 cents at the local close on Friday. ...
Tags: Australian Dollar, US Trade Deficit, economy
The sharemarket rebounded yesterday after US stocks rose due to better-than-expected economic data, suggesting optimism over the global economy is stronger than political concerns in Spain and Italy. The benchmark S&P/ASX 200 closed up ...
The sharemarket rebounded today after US stocks rose due to better-than-expected economic data, suggesting optimism over the global economy is stronger than political concerns in Spain and Italy. The benchmark S&P/ASX 200 closed up 0.8 ...
Tags: US Indexes, economy
The Australian dollar gained after rises on US sharemarkets helped the currency rebound from an earlier sell-off. At 7am AEDT the currency was trading at 104.12 US cents, up from 104.06 US cents at yesterday’s local close. BK ...
Tags: Australian dollar, US, sharemarkets
US stocks pulled back after the Federal Reserve kept its bond-buying program steady but offered a mixed review of the economy. Leading the declines were industrial and energy shares. Utilities managed to cling to small gains, making it ...
Tags: US stocks, Federal Reserve, economy
Energy shares powered blue-chip stocks to five-year highs as Valero Energy reported better-than-expected earnings and investors shrugged off sluggish consumer-confidence data. The Dow Jones Industrial Average added 72.49 points, or 0.5 ...
Tags: ENERGY shares, sharemarket, Valero Energy, Us Stocks
Weakness in materials stocks helped drive the market modestly lower, as both the Dow Jones Industrial Average and Standard & Poor's 500 took a step back from multi-year highs. The Dow slid 14.05 points, or 0.1 per cent, to 13881.93, ...
Tags: WEAKNES, materials stocks, sharemarket
The Australian sharemarket closed at a 20-month peak as high-yield stocks made strong gains. At the close today, the benchmark S&P/ASX 200 index was up 22.4 points, or 0.47 per cent at 4810.2, while the broader All Ordinaries index gained ...
The Australian market closed higher after a day of consolidation with gains across most of the board. At the close today the benchmark S&P/ASX200 index was up 10.2 points, or 0.22 per cent at 4719.7, while the broader All Ordinaries index ...
Tags: Australian market, gains, consolidation
The local sharemarket is set to open slightly higher today following modest gains on overseas markets. CommSec economist Craig James said there were no great drivers for the local market after mixed results on Wall Street. "It's going ...
Tags: CommSec, sharemarket, oil price, gold price, iron ore
The sharemarket is set to enter the final trading day of the year on edge after worries that US politicians would not be able to avert the looming fiscal cliff sent US stocks on their biggest one-day fall in more than a month. Futures ...
Tags: sharemarket, US politicians, fiscal cliff, stocks
The Australian dollar is slightly lower amid doubts there will be a successful outcome to the US budget negotiations. At 07:00 AEDT, the local unit was trading at $US1.0366, down from $US1.0374 on Friday. The main driver for markets ...
Tags: Australian dollar, outcome, US budget negotiations, fiscal cliff
US stocks ended the first week of the new year with a bang,with the S&P 500 notching a five-year high and the Dow securing its biggest weekly gain since December 2011. The Dow Jones Industrial Average added 43.85 points,or 0.3 per cent,to ...
Weekly oil data from the US Energy Information Administration and the American Petroleum Institute should show a 1 million-barrel draw in US commercial crude inventories for the week ending December 28, analysts polled by Platts said ...
Tags: oil data, US Energy Information Administratio, crude inventories