Australian share market loses ground
The S&P/ASX200 index has closed in negative territory, snapping a two-day winning streak. One sector in particular led the declines.
The S&P/ASX200 index has closed in negative territory, snapping a two-day winning streak. One sector in particular led the declines.
The Australian share market closed lower on Wednesday as newly imposed border restrictions sparked concerns of a second national coronavirus lockdown.
The local sharemarket has ended the day higher, shaking off fears of last week’s escalating trade war fears between China and the US.
Australian shares end higher on Thursday despite confirmation from government the federal Budget was in its worst shape since World War II.
THE Australian dollar fell to a three week low, coming under pressure from weaker iron ore prices and concerns about the Chinese economy.
THE Australian dollar is slightly lower in cautious trade ahead of the release of the minutes of the Reserve Bank’s May board meeting.
THE Australian dollar is higher but remains below 94 US cents after a quiet overseas trade.
THE Australian dollar is lower, weighed down by disappointing euro zone economic growth figures.
THE Australian dollar is lower, as expectations of an interest rate cut from the European Central Bank grow.
THE Australian dollar is higher but continues to trade within a narrow range, despite the release of the federal budget.
THE Australian dollar has traded within a narrow range as the market awaits the federal budget.
THE Australian dollar is virtually unchanged from its local close on Friday as the market waits for the release of the federal budget.
THE Australian dollar remains well above 93.5 US cents strong on the back of better than expected jobs figures.
THE Australian dollar has rallied above 93 US cents after a sharp sell-off in the greenback.
Original URL: https://www.dailytelegraph.com.au/business/markets/australian-dollar/page/132