ASX drops to low for the year
The benchmark sank to its lowest level of the year so far as interest rate sensitive stocks tumbled on increased odds of a November rate hike.
The benchmark sank to its lowest level of the year so far as interest rate sensitive stocks tumbled on increased odds of a November rate hike.
Losses in health and consumer stocks were offset by gains from miners and energy producers to send the benchmark higher on Tuesday.
The man who leaked confidential government information to clients has been exiled from the world of Australian finance.
Fears of an escalation of the Israel-Hamas has shaved 1.2 per cent off the Australian share benchmark on Friday.
THE Australian dollar is slightly higher as global stock markets stabilise after last week’s heavy falls.
THE Australian dollar is weaker as iron ore prices fall and financial market volatility continues.
THE Australian dollar has bounced back above 88 US cents following the release of disappointing economic data in the US.
THE Australian dollar has dipped lower after weak data out of the US, UK and Europe reignited concerns about global economic growth.
THE Australian dollar is still higher than it should be despite its recent decline to a four-year low of 86.43 US cents, the central bank says.
THE Australian dollar is higher after better-than-expected Chinese trade figures gave the currency a boost.
THE Australian dollar has dropped below 87 US cents as global economic growth concerns weigh on risk appetite.
THE Australian dollar has hit a two-week high after the US Federal Reserve indicated that it is no rush to raise its interest rate.
THE Australian dollar has hit a two-week high, after the Reserve Bank signalled it would not change the cash rate in the foreseeable future.
THE Australian is gradually regaining the losses made after the US unemployment rate hit a six-year low of 5.9 per cent.
Original URL: https://www.heraldsun.com.au/business/markets/australian-dollar/page/141