Big miners lift ASX to two-month high
The Australian sharemarket powered to a gain of almost 1 per cent on Tuesday, hitting its highest level in two months, as mining and energy companies enjoyed a significant rise.
The Australian sharemarket powered to a gain of almost 1 per cent on Tuesday, hitting its highest level in two months, as mining and energy companies enjoyed a significant rise.
Investors started strongly but clearly got the shakes during Monday’s ASX session, with the local market sliding into the close.
The Australian sharemarket bounced for a second straight session on Thursday as a number of pleasing factors whet traders’ appetites.
Investors breathed a sigh of relief as inflationary pressures eased somewhat ahead of Thursday morning’s meeting of the US Fed.
THE Australian dollar is under pressure against a stronger greenback.
THE Australian dollar is lower after the European Central Bank reaffirmed its commitment to jump start the region’s economy.
THE Australian dollar has bounced from a four-year low thanks mainly to US dollar weakness.
THE Australian dollar is weaker after a Reserve Bank official hinted at another rate cut.
THE Australian dollar has handed back the gains it made after China cut its benchmark interest rates.
THE Australian dollar is higher after the Chinese central bank cut its interest rates.
THE Australian dollar is back above 86 US cents after flat American inflation figures made traders rethink a US rate rise.
THE Australian dollar is weaker after the US Federal Reserve released the minutes of its decision to end stimulus.
THE Australian dollar is firmer despite the Reserve Bank governor telling a business dinner that interest rates are likely to stay at record lows for some years.
THE Australian dollar is weaker as a free trade deal with China encourages profit taking.
Original URL: https://www.adelaidenow.com.au/business/markets/australian-dollar/page/120