ASX recoups more losses as tech shines
Technology and telecommunications shares helped fuel a Friday rise as the ASX 200 closed out a bruising week.
Technology and telecommunications shares helped fuel a Friday rise as the ASX 200 closed out a bruising week.
A higher-than-expected inflation print sent investors scurrying from growth names and financial stocks, but there was still some bargain hunting.
Prime Minister Scott Morrison is sweating over potential interest rate hikes as inflation spikes to its highest level in more than two decades.
Bleak new modelling suggests the status of Australia’s second-biggest money spinner is under “imminent” threat from China.
THE Australian dollar has rebounded on the back of weaker-than-expected US economic data, bouncing to 94 US cents.
THE Australian dollar is lower on the back of strong consumer confidence and home sales figures in the US.
THE Australian dollar remains above 94 US cents on the back of surprisingly strong Chinese manufacturing figures.
The Australian dollar has drifted lower as investors await the release of key Chinese economic data.
THE Australian dollar has backed away from its two-month high as traders sell the currency and take profits.
THE Australian dollar is higher after the US Federal Reserve downwardly revised its economic growth forecasts.
THE Australian dollar has hit a one-week low after some negative comments on the local economy from the Reserve Bank of Australia.
THE Australian dollar is slightly lower as worries over Iraq and Russia dampen market sentiment.
THE Australian dollar is slightly lower, weighed down by profit taking and a lower iron ore price.
THE Australian dollar has hit a one month high, extending its gains after the release of solid employment figures.
Original URL: https://www.heraldsun.com.au/business/markets/australian-dollar/page/145