Aussie shares hit record high on Fed fever
The Australian sharemarket has closed out the week on a record high as investors position themselves for imminent US Federal Reserve rate cuts.
The Australian sharemarket has closed out the week on a record high as investors position themselves for imminent US Federal Reserve rate cuts.
Australia’s largest company will suspend its vast nickel mining operations, putting up to 2500 jobs in limbo.
The benchmark ASX200 has flown close to record highs on Thursday following a huge night of trading on Wall St.
A disturbing inequality between one group of Aussies and everyone else has been highlighted in a new report.
Ahead of the RBA’s final board meeting for 2023, the Australian share market reached a 10-week high on Monday as fears of further rate tightening continue to fade.
Australian, UK and US defence ministers are touting a brave new world of AI-backed surveillance technology just days after the Chinese navy injured Australian military personnel in the East China Sea.
With the Aussie dollar sitting at three-month highs, it’s good news for those planning a trip to the US, but what’s driving the gains?
A rally in tech and industrials saw the benchmark finish in the green on Thursday as Origin Energy’s board rejected a proposed takeover bid.
After fresh inflation data showed price pressures cooling faster than expected, the share market finished in the green on Thursday.
Ahead of the release of fresh inflation data, which is expected to show prices eased in October, the Aussie share market rallied on Tuesday.
Even Santa and his helpers can’t escape the country’s cost-of-living squeeze, with more Aussies set to turn out the lights on a beloved festive season tradition.
The Aussie dollar has spiked to a three-month high overnight, as Australia and the US eye off different paths for rate changes.
The ASX benchmark sank on Monday as falls in key commodity prices pushed major energy and mining companies lower.
A rebound in energy majors following a sell-off on Thursday saw the benchmark finish in the green on Friday.
Original URL: https://www.dailytelegraph.com.au/business/markets/australian-dollar/page/26