Strong Chinese manufacturing data was not enough to shake the Australian dollar from its slumber yesterday, with traders glued to any news from Washington as talks over the so-called fiscal cliff went down to the wire. The Aussie ...
Tags: Aussie dollar, Washington, negotiations, fiscal cliff
THE Australian dollar's recent rally may be pausing at the moment,but that doesn't mean it has stopped. Reading between the lines of an interview with Reserve Bank of Australia governor Glenn Stevens this week,there might well be reason ...
Tags: Australian dollar, Aussie, RBA
THE Australian sharemarket hit a fresh 17-month high today as US lawmakers inched closer to a deal on the fiscal cliff problem. Utilities, energy, industrials, telecommunications, materials and financial stocks mostly rose despite some ...
Tags: Investor Sentiment, fiscal, cliff problem
THE Australian dollar is lower on speculation about Chinese growth and further rate cuts by Australia's central bank. At 07:00 AEDT,the currency was trading at$US1.0530,down from$US1.0534 yesterday afternoon. BK Asset Management ...
Tags: Australian dollar, China, BK Asset Management, PBA, US
THE Australian dollar was slightly higher ahead of an influential statement from the Reserve Bank of Australia today. At 6.30am AEDT, the currency was trading at 105.42 US cents, up from 105.35 cents yesterday afternoon. The RBA will ...
Tags: Slightly, currency, Reserve Bank
THE Australian sharemarket finished on a 16-month closing high as progress with the US fiscal cliff negotiations led to across the board gains for local stocks. At the close,the benchmark S&P/ASX200 index was up 21.8 points,or 0.48 per ...
Bloomberg quoted Treasurer Mr Wayne Swan before a government report on gross domestic product this week said that growth in Australia, the world's biggest exporter of iron ore and coal, may have slowed last quarter as commodity prices fell. ...
Tags: iron ore, coal, Australia, resource projects
Australia's current account deficit widened in the 3 months through September as exports of coal and iron ore plunged amid falling commodity prices. The Australian Bureau of Statistics said that the shortfall in goods, services and ...
Tags: iron ore price news, mining australia, australia economy, iron
The treasurer Mr Wayne Swan before a government report on GDP this week said that growth in Australia, the world's biggest exporter of iron ore and coal, may have slowed last quarter as commodity prices fell. Mr Swan said that "We ...
Tags: iron ore price news, australia economy, economic growth, coal mines