Big miners sink ASX as commodities crash
The Australian sharemarket finished lower on Tuesday as the heavyweight mining and energy sectors copped a beating from plunging commodity prices.
The Australian sharemarket finished lower on Tuesday as the heavyweight mining and energy sectors copped a beating from plunging commodity prices.
The Australian sharemarket sagged into the weekend as hopes of a ceasefire between Russia and Ukraine faded and central banks continued to wrestle with mounting inflationary pressures.
Global markets are soaring on new hopes a diplomatic solution can be found to end the bitter conflict between Russia and Ukraine.
Banking and tech shares shone on Wednesday during an unexpected relief rally that helped the Australian sharemarket halt a three-session slide.
THE Australian dollar has firmed, reaching a seven-year high against the Japanese yen ahead of economic data from Australia’s second biggest trading partner.
THE Australian dollar has bounced back from its tumble after the Reserve Bank said it hasn’t ruled out intervention to bring the currency lower.
THE Australian dollar is higher, helped by a falling Japanese yen and the Bank of Japan’s economic stimulus program.
THE Australian dollar is lower as the greenback regains ground following its post-jobs report slump.
The Australian dollar has bounced following a disappointing US jobs report.
THE Australian dollar has fallen to a four-year low after the Republican win in the US midterm elections and as metal prices continue to slide.
THE Australian dollar is higher following the Reserve Bank’s steady-as-she-goes statement after its monthly board meeting.
THE Australian dollar has fallen to an almost three-week low after the release of weak local building approvals figures and Chinese manufacturing data.
THE Australian dollar has fallen to a one-week low as worries about economic growth in China and Japan escalate.
THE Australian dollar has followed US stocks higher as it recovers from its steep fall following the US central bank meeting.
Original URL: https://www.adelaidenow.com.au/business/markets/australian-dollar/page/121