The AUD has opened slightly weaker this morning currently trading at USD 0.9160 as many investors square up some positions before the Federal Reserve's meeting tonight.
A larger than forecast 3.9% decline in Australian home loans during June and disappointing ANZ job advertisements data halted the progress of the Aussie dollar in Asia yesterday as it entered offshore exchange relatively unchanged from the weeks open at 0.9185.
Wall Street was eagerly anticipating QE2 last night, on minimal volume. Dow up 45.
We got updates from two completely different parts of the economy yesterday with very, very contrasting pictures reveale...
The June housing finance figures were just terrible.Unlike the huge rise in jobs and job ads, the number of housing fina...
Even the high performing consumer electronics retailer and discounter JB HI Fi couldn't avoid the second half slowdown ...
Even the high performing consumer electronics retailer and discounter JB HI Fi couldn't avoid the second half slowdown ...
Even the high performing consumer electronics retailer and discounter JB HI Fi couldn't avoid the second half slowdown ...
Ignore the reports that the Bendigo and Adelaide Bank has reported a 189.5% increase in full-year net profit.While on on...
The long running takeover battle for AXA Asia Pacific Holdings will run for another month at least after the ACCC said i...
The Australian share market is set to open flat on Tuesday despite a positive lead from offshore markets during the overnight session. Wall Street finished stronger and the benchmark crude oil contract settled above $US81 a barrel.
The Australian market showed sound resolve to finish 0.6% firmer and near session highs with the materials sector leading the way
The Australian share market closed in positive territory amid expectations of strong results from the materials sector and a good performance from energy and financial stocks.
The Australian share market was higher by noon, boosted by a rally in the resources sector and optimism that the US Federal Reserve could give more stimuli to the economy after weak jobs data.
Sleep disorder group ResMed delivered a solid result according to brokers, with most remaining positive on the expectation earnings momentum will continue in coming quarters.
The Australian Dollar has opened this morning just under 0.9200 after breaching this level on Friday night after the market digested the release of US July non-farm payrolls that saw a decline of 131k in the month, which was more than the forecast loss of 65k.
US non-farm payrolls (employment) fell by 131,000 in July, above expectations for a decline of 87,000.
U.S. stocks fell modestly in a day of volatile trading Friday, after a disappointing jobs report cast fresh doubts over hopes for the U.S. economic recovery.
Friday's release of the RBA Monetary Policy statement swayed little from the recent central bank rhetoric with a relatively neutral document.
Celebrity shoe provider Jimmy Choo is reportedly considering a potential sale of the business floating an asking price of $A869.11 million and as reported by the Sunday Telegraph over the weekend, the company is seeking out investment banks for further determination of its business options.
American shares recovered after earlier losses on Friday in the wake of the release of poor July jobs figures.But they ...
Warren Buffett turns 80 on the 30th of this month, and as an unwelcome advance present, his Berkshire Hathaway company h...
The Australian share market has received mixed leads from offshore markets over the weekend, with Wall Street and oil prices closing negatively, and precious metals finishing higher.
A big, week for the US, China, Australia and in fact, for the global economic recovery.A series of meetings, data and ...
Swallow hard and believe this, the Reserve Bank sees a "robust' (their description) growth rate for Australia in 2011 an...
Wheat was the focus last week for commodity markets and for equities where commodity groups' shares rose sharply, but so...
It is difficult to convey a message that does not fit in with the ruling market views. Just ask the RBA.
A glance through the latest expert views and predictions about commodities with Deutsche Bank on new commodity indices, Citi positive on metal prices and Credit Suisse looking at transaction multiples in Oz coal stocks.
The Australian share market closed flat, paring back early losses during the afternoon trade in quiet trading conditions.
Despite a negative start, the Australian share market managed to just scrape into positive territory, ending the trading week on a positive note. The All Ordinaries Index (XAO) gained 1.4pts to 4586.3. The market rose 1.8pct over the week.