Australian dollar higher on weak US jobs report
THE Australian dollar is higher at 93.66 US cents on the back of surprisingly weak US employment figures.
THE Australian dollar is higher on the back of surprisingly weak US employment figures.
At 0630 AEST on Monday, the local currency was trading at 93.66 US cents, up from 93.51 cents on Friday.
US employers added just 142,000 jobs in August, snapping a six-month streak of hiring above 200,000 and posting the smallest gain in eight months.
CBA soars, BHP falls in mixed day on ASX
It was a mixed day on the markets on Thursday with CBA hitting a record high and BHP slumping with investors factoring in weak jobs data and the latest news out of Iran.
Major miners drag the ASX200 down
A slump in the price of iron ore and gold sent the ASX200 down on Wednesday, despite eight of the 11 sectors trading higher.
ASX flat as Middle East conflict escalates
The Australian sharemarket was flat as concerns over the conflict in the Middle East continued to spook local investors, as Donald Trump issued a stark warning.