ASX edges higher but tech hammered
Despite heavy losses in tech and energy stocks, the local benchmark edged higher due as health stocks rose.
Despite heavy losses in tech and energy stocks, the local benchmark edged higher due as health stocks rose.
Almost all of the big four banks has announced it would lift interest rates once again in response to the RBA’s Melbourne Cup hike, increasing pressure on homeowners.
A rally in tech stocks offset losses in mining and energy shares on Tuesday, pushing the benchmark into the green at the closing bell.
One state’s premier has put the embattled telecommunications provider on notice its multimillion-dollar contracts with his government are at risk after Wednesday’s blackout.
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.
THE Australian dollar has slipped back below 85 US cents amid a stronger US dollar and uncertainty about the Reserve Bank’s next move.
THE Australian dollar has bounced back above 85 US cents, boosted by a weaker greenback.
Original URL: https://www.heraldsun.com.au/business/markets/australian-dollar/page/137