Aussie shares lift on Trump trade deal hopes
Cautious investors pushed the Australian sharemarket higher on Thursday on the prospect of a new Trump trade deal with the UK.
Cautious investors pushed the Australian sharemarket higher on Thursday on the prospect of a new Trump trade deal with the UK.
One of Australia’s biggest banks has delivered record revenues as its outgoing CEO praises ‘remarkably resilient’ Aussie households.
A rally in the commodities sector and a strong result from a major bank drove the ASX 200 higher during Wednesday’s trading.
The ASX 200 closed marginally lower during Tuesday’s trading as the major banks and healthcare drag the market down.
Australia’s sharemarket has snapped a seven day win streak on the back of a major bank and oil deal.
They haven’t been implemented yet, but just the threat of Donald Trump’s US tariffs is damaging some of Australia’s biggest businesses.
The ASX 200 has capped off an $85bn week on the back of renewed hopes tariffs could be walked back.
A surge in technology and real estate stocks helped drive the ASX 200 higher, despite fears of a slowing US and Chinese economy.
A jump in the banking and consumer discretionary stocks helped push the ASX into the green on Wednesday as investors factored in a rate cut in May.
Soaring energy, utilities and information technology stocks drove the ASX200 higher on an overall positive day for the market.
The ASX200 continued to trade higher on Monday on the back of renewed hope of a tariff back down.
A leading economist predicts struggling Aussie mortgage holders will get much-needed rate relief next month, as the RBA turns its focus to this new threat.
Original URL: https://www.couriermail.com.au/business/markets/australian-dollar