Investors jump ahead of war-torn weekend
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.
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 war in Ukraine continues to push energy prices higher, but instead of benefiting local miners, attention has now turned to the possibility of stalled economic growth.
THE Australian dollar has hit fresh lows amid growing global economic concerns and a surging US dollar.
THE Australian dollar is lower but still holding above 81 US cents following better-than-expected economic data.
AS the Australian dollar falls and shares were flat, it is not all doom and gloom as overseas investments, and super funds have had solid returns.
THE Australian dollar has dropped to its lowest level in almost five years, trading at 80.85 US cents, down from 81.37 cents on Friday.
THE Australian dollar is lower after the release of the strongest US economic growth figures in 11 years.
THE Australian dollar is lower to 81.38 US cents, following falls in metals prices overnight.
THE Australian dollar is lower amid expectations that the US Federal Reserve will increase its interest rate sooner that most people are expecting.
THE Australian dollar is higher, bouncing from the record lows it reached after the US Federal Reserve meeting.
THE Australian dollar is weaker as the worst Chinese industrial production reading in six months hits commodity prices.
THE Australian dollar has again threatened to fall below 82 US cents, under pressure from low oil prices and a siege in central Sydney.
Original URL: https://www.dailytelegraph.com.au/business/markets/australian-dollar/page/118