The Australian Dollar has opened higher after the Reserve Bank of Australia (RBA) said the next rate movement was all but dependent on official inflation data due next week.
Wall Street turned a 157 point loss in the Dow into a 75 point gain with little impetus last night. Apple blew the market away after the bell. (Locked for subscribers until 10:00 AEST)
US housing starts fell by 5.0pct to a 549,000 annual rate in June, below forecasts centred on a result near 580,000. But permits actually rose 2.1pct to 586,000 - above expectations.
U.S. stocks staged a strong mid day rally Tuesday to finish in positive territory for the second day in a row, shaking off deep losses as optimism grew ahead of a fresh wave of bank earnings and guidance from the Federal Reserve.
As we said in Monday's Air, the outlook for interest rates will proceed according to a fixed timetable, with the first i...
Chevron continues to push towards getting a second huge WA LNG project on the rails and underway.The US-owned oil major ...
he Aussie sprung to life either side of the Reserve Bank release of the July board meeting minutes moving to an intraday high of 0.8745 before slipping back towards US87 cents.
Department store group, David Jones has pulled out of a major shopping centre in the second decision of its kind in the ...
Iluka Resources saw a sharp improvement in second quarter sales of its mineral sands products.The company, the world's ...
Shares in telecommunication services group, M2 Telecommunications Group are within sight of their all time high after a ...
On Wall St overnight, US stocks gained after an early slide amid speculation the Federal Reserve will take further steps to stimulate the economy. Treasuries pared gains and higher oil and copper prices helped lift the commodity players.
A glance through the latest expert views and predictions about commodities, with Macquarie seeing lead as better placed than zinc and positives for both iron ore and platinum prices.
The Australia 200 CFD Index added 1% today, with material and consumer discretionary names leading the index higher.
The Australian share market closed higher on Tuesday, boosted by some positive commentary from Australia's central bank and a lift in the Shanghai bourse. Major mining stocks led the gains on the local bourse.
The Australian share market posted solid gains today, recovering much of yesterday's losses, on the back of a positive lead from Wall Street and suggestions US markets will open strongly again tonight.
In Asia, regional markets are mostly higher this Tuesday, taking their leads from gains on Wall St. However, the Nikkei 225 is lower, down 1% with technology names under pressure following the disappointing revenue numbers from Texas Instruments and IBM.
A strong rally in Shanghai has prompted a surge in the Australia share market this afternoon.
The Australian bourse showed modest increases by early afternoon as investors took in cautious comments from the central bank.
The mining sector led the upward movement.
The July 6 Policy Meeting minutes confirm what investors should know already: the RBA has no intention of raising the cash rate beyond 4.5%, unless it has to.
Paladin Energy Ltd, the Uranium mining firm, has said that it is thinking of making a takeover bid to NGM Resources Ltd.
Australian companies begin reporting FY10 results next week. FNArena provides some useful tips for the small investor ? what to look out for, and what traps not to fall into.
Oz Minerals reported better than expected gold output and solid copper numbers for the June quarter but analysts are questioning where growth will come from in coming years.
The Australian share market is making modest gains in early trade, on the back of a positive lead from Wall Street. The All Ordinaries Index (XAO) is up 11.8pts or 0.3pct to 4384.5.
The Australian stock market opened slightly higher today, led by the overnight US market.
The AUD has opened fairly unchanged this morning currently trading around USD0.8690. The AUD did strengthen during the offshore session before it fell victim to profit taking and some risk averse trading.
KOGAS (Korea Gas Corporation) has struck a 20 year deal to buy LNG (liquefied natural gas) from Western Australia’s Wheatstone gas project.
U.S. stocks notched modest gains Monday as investors sifted through mixed earnings and a weak index of housing sentiment to pin their hopes on strong quarterly reports later this week.
On Wall St overnight, stocks closed with modest gains after upbeat earnings from companies including Halliburton outweighed weaker homebuilding data.
No wonder the board of private hospital operator and pathology group, Healthscope, have grabbed the $6.26 a share takeov...
No wonder the board of private hospital operator and pathology group, Healthscope, have grabbed a rich $6.26 a share tak...
