Australian shares on Wednesday closed sharply lower, with broad losses across most sectors. The benchmark S&P/ASX200 closed down 42.8 points, or 0.73 per cent, at 5,789.5 points, while the broader All Ordinaries index was down 44.5 points, or 0.75 per ...
moreThe Australian share market is expected to open much lower after Wall Street suffered a heavy fall in late as trade tensions started to play on people minds again.
more| 27 Mar 2018 16:11 | Business Insider Australia |
“[The selloff was sparked by a] story that the US was looking to protect US tech sectors with curbs on China with the US said to be considering the use of an emergency law,” said David de Garis, Economist at the National Australia Bank. “The Nasdaq has ...
more| 27 Mar 2018 11:30 | Pound Sterling Live |
The Australian Dollar has remained on the back foot this week despite a broad rebound in risk assets, but one strategist at Societe Generale says the currency looks like a good buy for speculators at present levels, while other forecasters are ...
more| 07 Mar 2018 15:11 | Business Insider Australia |
Against the crosses, the AUD weakened against all majors aside from the Chinese yuan and Canadian dollar, the latter coming under pressure from remarks from the Bank of Canada following its March monetary policy meeting that trade policy was becoming ...
more| 13 Feb 2018 15:11 | Business Insider Australia |
“Rising twin deficits historically go hand in hand with a falling US dollar.” Turning to the session ahead, the focus will likely be on one thing and one thing only - the US consumer price report for January released at 12.30am AEDT.
moreThe Australian dollar has slipped against a weakened US counterpart, but still remains above 78 US cents. At 0635 AEDT on Wednesday, the Australian dollar was worth 78.53 US cents, down from 78.64 US cents on Tuesday. Westpac's Imre Speizer says the US ...
more| 22 Jan 2018 15:22 | Business Insider Australia |
After opening the week at .7990, the AUD/USD hit a low of .7980 in Asia before rebounding to as high as .8027 in Europe, boosted by broad-based US dollar weakness as a result of the US government shutdown that kicked in at the start of last weekend. At ...
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