ASX surges to reset record as banks rally
Buoyed by the financials sectors, the Australian sharemarket raced ahead to close out the week at an all-time high.
Buoyed by the financials sectors, the Australian sharemarket raced ahead to close out the week at an all-time high.
Buoyed by a bumper session for Australia’s largest retail bank, the benchmark set a record close on Thursday.
The benchmark eked out a 0.1 per cent gain on Wednesday after the financials sector rallied late in trading.
Shares slipped for a second straight session on Tuesday as consumer stocks weighed on the benchmark index.
THE Australian dollar is lower to 81.38 US cents, following falls in metals prices overnight.
THE Australian dollar is lower amid expectations that the US Federal Reserve will increase its interest rate sooner that most people are expecting.
THE Australian dollar is higher, bouncing from the record lows it reached after the US Federal Reserve meeting.
THE Australian dollar is weaker as the worst Chinese industrial production reading in six months hits commodity prices.
THE Australian dollar has again threatened to fall below 82 US cents, under pressure from low oil prices and a siege in central Sydney.
THE Australian dollar is lower after oil prices fell to fresh five-year lows after the International Energy Agency cut its oil-demand forecast for 2015.
RESERVE Bank Governor Glenn Stevens maintains the Aussie dollar is overvalued and that by year’s end it will sink even further against the US dollar.
THE Australian dollar has plummeted to fresh four-and-a-half-year lows after the head of the Reserve Bank said he wanted the currency to fall to 75 US cents.
THE Australian dollar has slipped back below 83 US cents as oil prices come under further pressure after OPEC cut its 2015 demand forecast.
THE Australian dollar is firmer as oil prices recover from five-year lows.
Original URL: https://www.ntnews.com.au/business/markets/australian-dollar/page/116