Clue to potential future rate cut
A subtle change in wording by the Reserve Bank could signal a rate cut is on the cards, one of Australia’s leading economists says.
A subtle change in wording by the Reserve Bank could signal a rate cut is on the cards, one of Australia’s leading economists says.
The Australian sharemarket has ended the local session stronger as resuming vaccine trials rallies global economic confidence.
The S&P/ASX200 index has closed in negative territory, snapping a two-day winning streak. One sector in particular led the declines.
The Australian share market closed lower on Wednesday as newly imposed border restrictions sparked concerns of a second national coronavirus lockdown.
THE Australian dollar is higher but remains below 94 US cents after a quiet overseas trade.
THE Australian dollar is lower, as expectations of an interest rate cut from the European Central Bank grow.
THE Australian dollar has traded within a narrow range as the market awaits the federal budget.
THE Australian dollar is virtually unchanged from its local close on Friday as the market waits for the release of the federal budget.
THE Australian dollar is lower on the back of weaker-than-expected local and Chinese data.
THE Australian dollar has regained ground following losses on the back of stronger-than-expected US jobs figures.
Original URL: https://www.adelaidenow.com.au/business/markets/australian-dollar/page/127