The Australian dollar is slightly higher as investors shrugged off weak economic data and sat on the sidelines waiting for bigger events. At 5pm AEST, the local unit was at 96.56 US cents, up from 96.41 cents on Friday, and at its high ...
Tags: Dollar, Investor, Economic Data
The Australian dollar is slightly lower after the release of weaker than expected US economic data. At 7am AEST, the local unit was trading at US96.63c, down from US96.73c yesterday. Since 5pm AEST yesterday, the Aussie traded between ...
Tags: Australian Dollar, GDP Report
Australian stocks have closed flat, with a strong day from the major miners offset by weakness among the banks. The local market took its cues from a positive finish on Wall Street, opening up about 0.3 per cent, but slid into the close ...
Tags: Bank, Sharemarket
The Australian dollar gained as much as US1c in overnight trade after the US dollar fell against all the major currencies. The Aussie peaked at US96.71c in overseas trade overnight. By 7am AEST it was trading at US96.34c, up from ...
The Australian dollar fell after another batch of good US economic data cemented hopes of a winding down of economic stimulus measures by the US central bank. At 7am AEST the local unit was trading at 96.16 US cents, down from 96.55 cents ...
Tags: dollar, Australian, US Data
THE S&P/ASX200 has turned down 0.1 per cent to 4966.6, paring a 0.4 per cent rise that followed overseas gains on stronger US economic data. The reversal comes as investors react to higher US bond yields, a falling Australian dollar, and ...
The sharemarket was flat in mixed trading today, with resources companies down on the back of concern about China's economy, and banks and telecommunications mostly up on account of their high dividend yields. Citi upgraded its year-end ...
The sharemarket broke a five-day losing streak, as Japan's sharemarket stabilised and S&P500 futures pointed to modest gains on Wall Street. Resources stocks remained jittery after recent signs of weakness in China, while banks and ...
Tags: Stocks, sharemarket
The Australian dollar is slugging it out with the Syrian pound for the title of world's worst-performing currency. Once the darling of foreign-exchange traders, the Aussie has been out of favour since April 12. According to National ...
Tags: Syrian pound, Service, dollar
Petroleum futures were slightly bearish Monday, with ICE July Brent settling 2 cents lower at $102.62/barrel. Volumes were low and markets rangebound for the most part because of holidays on both sides of the Atlantic. Electronic trading ...
Reportedly, Kardemir, the largest steel longs producer in Turkey announced to adjust its bar prices for domestic market, effective from May 22nd. After the announcement, its prices for round bars are at TRY1, 150/ton, rising by TRY9/ton. ...
Tags: Construction, Metallurgy, Mineral, Energy
Australian shares have suffered another sharp fall, losing $26 billion more in value to close down 3.8 per cent for the week, the biggest weekly fall in a year. At 4.15pm AEST, the benchmark S&P/ASX200 index was down 78.9 points, or 1.56 ...
The S&P/ASX200 has closed down 2 per cent at 5062.4, as slower Chinese manufacturing activity in May combined with signs that the US Federal Reserve could start rolling back its bond-buying program to send the local sharemarket to its ...
RATTLED investors are on high alert after the stockmarket suffered its worst week in a year and the Australian dollar slid to a 12-month low on fresh concerns about the slowing pace of global economic growth. Capping a wild week for ...
Tags: Sharemarket, Horror Week, Alert
The sharemarket suffered its sharpest one-day fall for two months yesterday after the US Federal Reserve said it could reduce its economic stimulus measures and China's manufacturing showed signs of contraction. "In the next few meetings ...