Australian dollar falls over Ukraine conflict worries
THE Australian dollar is lower after US stocks lost almost one per cent on concerns that the conflict in Ukraine could worsen.
THE Australian dollar is lower after US stocks lost almost one per cent on concerns that the conflict in Ukraine could worsen.
At 0630 AEST on Wednesday, the local currency was trading at 93.04 US cents, down from 93.34 cents on Tuesday.
Polish Foreign Minister Radoslaw Sikorski told reporters overnight that Russia had increased its military presence on the Ukraine border, suggesting a possible escalation in the conflict.
RBA boss gives major rates clue
The RBA boss has given another major clue as to why the central bank held interest rates during their July meeting, and what will move the needle in August.
ASX jumps as Trump talks trade deals
Investors buy up Australia’s major miners and energy producers after the US and Japan announced a trade deal, pushing up the ASX on Wednesday.
ASX hits near-record as miners offset banks
Surging iron ore prices helped the ASX 200 eke out a small gain on a mixed day for shareholders.