Property plunge causes shares to slip
A cautious outlook for the property market has caused the Australian sharemarket to slip, with major banking shares taking a tumble.
A cautious outlook for the property market has caused the Australian sharemarket to slip, with major banking shares taking a tumble.
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 dollar is lower amid concerns about how falling Chinese demand for imports will impact the local economy.
THE Australian dollar is higher at 93.66 US cents on the back of surprisingly weak US employment figures.
THE Australian dollar has continued its rally on the back of positive retail sales and international trade figures.
THE Australian dollar is almost half a US cent higher as the chances of another interest rate cut by the central bank fades following solid GDP figures.
THE Australian dollar is slightly lower after falls on Wall Street and commodity prices overnight.
THE Australian dollar has slipped a little after a quiet night of trade with volumes down because of a US public holiday.
THE Australian dollar has started the week lower following gains in its US counterpart.
THE Australian dollar is almost level after strong US economic data and weak German jobs figures pulled the currency in opposite directions.
Original URL: https://www.couriermail.com.au/business/markets/australian-dollar/page/180