Aussie sharemarket closes on 100 day high
The Aussie sharemarket has closed on a 100 day high, led by consumer discretionary stocks as investors factor in rate cuts.
The Aussie sharemarket has closed on a 100 day high, led by consumer discretionary stocks as investors factor in rate cuts.
In welcome news for mortgage holders, a third major bank is now expecting a rate cut in February following lower-than-expected inflation data.
In welcome news for mortgage holders, a third major bank is now expecting a rate cut in February following lower-than-expected inflation data.
A smaller tech sector exposure and a strong performance from consumer discretionary stocks saw Australia finish marginally in the red, despite a sell off on Wall Street.
Millions of Aussies are confronting a stark budget black hole, with an economic update exposing a serious $217bn breakdown in one state’s finances.
Australian sharemarket firmed on Wednesday, as Donald Trump helped the strong performance by Australia’s tech sector and uranium shares.
Australia’s weak dollar could see inflation tick up slightly, but it is unlikely to move the RBA on its next rate cut decision, a leading economist says.
The Aussie sharemarket closed up on a strong day of trading, as investors factor in the new US President and how his proposed tariffs will impact the market.
The Australian sharemarket slipped on Friday, despite a positive boost for the country’s commodity sector on the back of results out of China.
The Aussie sharemarket surged on Thursday, thanks to new data and led by the major banks and information technology stocks.
The Aussie market closes down despite a positive start to trade across the board, as investors look ahead for jobs data and US inflation updates.
Australia’s share market finished in the green on Tuesday, led by the major resources and property stocks, and a surprise report out of the US.
Original URL: https://www.couriermail.com.au/business/markets/australian-dollar/page/2