GDP figures lead sharemarket higher
The Australian sharemarket reacted positively to better-than-expected figures showing a record rebound in the Aussie economy.
The Australian sharemarket reacted positively to better-than-expected figures showing a record rebound in the Aussie economy.
A bond yield-related sell-off on Wall Street flowed through to the Australian sharemarket, which closed sharply lower.
The sharemarket has ended the day higher as hopes of international border restrictions easing by October boosted confidence in travel stocks.
The Australian sharemarket closed substantially lower, with all major sectors losing ground and one company being ‘crucified’ for its full-year results.
THE Australian dollar has hit a five-month low as the US dollar continues its surge against most of the major currencies.
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.
THE Australian market looks set to open lower after Wall Street ended a three day winning streak.
Original URL: https://www.dailytelegraph.com.au/business/markets/australian-dollar/page/125