Tech sector sell-off dents ASX
A rotation out of high-growth technology and health stocks has knocked the Australian sharemarket from near five-month highs.
A rotation out of high-growth technology and health stocks has knocked the Australian sharemarket from near five-month highs.
Investors rode a wave of optimism in the first session of 2022 as the ASX 200 added a whopping 2 per cent to close near record highs.
Traders were in a festive mood when they resumed after the four-day Christmas weekend, lifting the ASX 200 to a new high.
A classic Santa rally has lifted the ASX to near six-week highs as investors grow more confident Omicron will not derail the global economy.
THE Australian dollar is weaker as a free trade deal with China encourages profit taking.
THE Australian dollar has firmed, reaching a seven-year high against the Japanese yen ahead of economic data from Australia’s second biggest trading partner.
THE Australian dollar has bounced back from its tumble after the Reserve Bank said it hasn’t ruled out intervention to bring the currency lower.
THE Australian dollar is higher, helped by a falling Japanese yen and the Bank of Japan’s economic stimulus program.
THE Australian dollar is lower as the greenback regains ground following its post-jobs report slump.
The Australian dollar has bounced following a disappointing US jobs report.
THE Australian dollar is lower amid further worries about weak economic growth in Europe.
THE Australian dollar has fallen to a four-year low after the Republican win in the US midterm elections and as metal prices continue to slide.
THE Australian dollar is higher following the Reserve Bank’s steady-as-she-goes statement after its monthly board meeting.
THE Australian dollar has fallen to an almost three-week low after the release of weak local building approvals figures and Chinese manufacturing data.
Original URL: https://www.dailytelegraph.com.au/business/markets/australian-dollar/page/121