ASX tumbles to four-week low
With all sectors posting declines, the local benchmark slumped to its lowest level in four weeks on Tuesday.
With all sectors posting declines, the local benchmark slumped to its lowest level in four weeks on Tuesday.
An acceleration of inflation in the United States and an escalation of tensions in the Red Sea pushed the benchmark lower on Friday.
Interest rate sensitive stocks buoyed the benchmark on Thursday as softer-than-expected inflation data helped offset losses in the mining sector.
Despite a cooler than expected inflation reading for November, the share market lost ground on Wednesday as iron ore miners dragged the benchmark lower.
THE Australian dollar is lower amid concerns about how falling Chinese demand for imports will impact the local economy.
THE Australian dollar is higher at 93.66 US cents on the back of surprisingly weak US employment figures.
THE Australian dollar has continued its rally on the back of positive retail sales and international trade figures.
THE Australian dollar is almost half a US cent higher as the chances of another interest rate cut by the central bank fades following solid GDP figures.
THE Australian dollar is slightly lower after falls on Wall Street and commodity prices overnight.
THE Australian dollar has slipped a little after a quiet night of trade with volumes down because of a US public holiday.
THE Australian dollar has started the week lower following gains in its US counterpart.
THE Australian dollar is almost level after strong US economic data and weak German jobs figures pulled the currency in opposite directions.
THE Australian market looks set to open lower after Wall Street ended a three day winning streak.
THE Australian dollar has strengthened to 93.38 US cents against a weaker greenback.
Original URL: https://www.ntnews.com.au/business/markets/australian-dollar/page/123