Coal stars as ASX rides resources wave
Further gains for oil and iron ore on the ASX 200 and near-record coal prices fuelled a rollicking run for Australia’s resources sector.
Further gains for oil and iron ore on the ASX 200 and near-record coal prices fuelled a rollicking run for Australia’s resources sector.
Investors remain uncertain in the face of the Russia and Ukraine conflict but an associated spike in commodity prices helped Australia’s mining and energy sectors bounce on Wednesday.
A surge in household spending helped Australia’s economy rebound in the December quarter, prompting this claim.
Australians could be cashing in on a massive financial revolution, but are we doing enough to exploit one booming sector?
THE Australian dollar is lower after oil prices fell to fresh five-year lows after the International Energy Agency cut its oil-demand forecast for 2015.
RESERVE Bank Governor Glenn Stevens maintains the Aussie dollar is overvalued and that by year’s end it will sink even further against the US dollar.
THE Australian dollar has plummeted to fresh four-and-a-half-year lows after the head of the Reserve Bank said he wanted the currency to fall to 75 US cents.
THE Australian dollar has slipped back below 83 US cents as oil prices come under further pressure after OPEC cut its 2015 demand forecast.
THE Australian dollar is firmer as oil prices recover from five-year lows.
THE Australian dollar is straining to keep its head above 83 US cents following disappointing Chinese numbers and surprisingly strong US jobs data.
THE Australian dollar has fallen to a four-and-a-half-year low after the release of very strong US employment growth figures.
THE Australian dollar has stabilised after hitting fresh lows overnight, amid growing expectations that the central bank will need to cut rates again.
THE Australian dollar is barely keeping its head above 84 US cents after disappointing economic growth figures.
THE Aussie dollar has dropped below 84 US cents for the first time since 2010, following disappointing GDP figures released this morning.
Original URL: https://www.dailytelegraph.com.au/business/markets/australian-dollar/page/119