ASX slips on banking sell-off
Snapping a two-day winning streak, Australian shares sank on Thursday.
Snapping a two-day winning streak, Australian shares sank on Thursday.
A leading Australian retailer has announced its newest chief executive on the same day it revealed half-year profits of more than $50m.
Local shares rose on Wednesday, led by retail and bank stocks, after a positive lead from Wall Street.
The Australian market was quiet as investors waited for key US inflation data, which will provide fresh insight on where the Fed Reserve moves on rates.
DISAPPOINTING US retail sales numbers have given the Australian dollar a lift above 81 US cents.
THE Australian dollar is hovering as investors await the release of local jobs figures on Thursday.
THE Australian dollar has given back some of its gains made following disappointing US data which had sparked a rally for the local currency.
SURPRISINGLY soft US wages growth figures have given the Australian dollar a boost above the 82 US cent level.
THE Australian dollar is treading water above 81 US cents, amid concerns over the euro zone and lower oil prices.
THE Australian dollar has hit fresh lows amid growing global economic concerns and a surging US dollar.
THE Australian dollar is lower but still holding above 81 US cents following better-than-expected economic data.
AS the Australian dollar falls and shares were flat, it is not all doom and gloom as overseas investments, and super funds have had solid returns.
THE Australian dollar has dropped to its lowest level in almost five years, trading at 80.85 US cents, down from 81.37 cents on Friday.
THE Australian dollar is lower after the release of the strongest US economic growth figures in 11 years.
Original URL: https://www.ntnews.com.au/business/markets/australian-dollar/page/115