Miners soar, ASX falls on Trump move
A surge in mining stocks was not enough to drag the ASX 200 higher as every other sector slumped on the latest move by US President Donald Trump.
A surge in mining stocks was not enough to drag the ASX 200 higher as every other sector slumped on the latest move by US President Donald Trump.
A Wall St rally and a lift in the big iron ore miners has buoyed the Australian sharemarket on Thursday.
Australia’s dollar is one step closer to going digital as the Reserve Bank announces the second phase in its anticipated trial.
A fresh warning bell is ringing for the Aussie economy, with one analyst saying the country has entered a “flat patch”.
The Australian sharemarket closes in on a record high during Tuesday’s trade as banks and tech stocks soared.
Rio Tinto’s mammoth Tomago aluminium smelter is reportedly close to collapse, putting some 6000 jobs at risk.
Australia’s sharemarket dropped during Friday trading, as cautious investors await the release of US economic data and Trump and Musk have a public spat.
Australia’s market basically has traded flat on Thursday as investors await key economic news out of the US and Europe.
Share market bellwether Commonwealth Bank rose to a record Australian high on Wednesday, helping to drag the market higher.
Australia’s sharemarket continued its gains during Tuesday’s trading as the Commonwealth Bank soared to a new record high.
Cautious investors dragged the ASX 200 lower during Monday’s trading on the back of the latest developments from the White House as well as growing geopolitical tensions.
Australians are tired of being slugged to pay for their morning coffee with a card and want more transparent payment options, new research shows.
A bounce in the major banks and consumer staples in trading on Friday has helped drive the ASX to its best month since January.
The Reserve Bank of Australia could fast-track rate cuts after disappointing April retail sales figures.
Original URL: https://www.ntnews.com.au/business/markets/australian-dollar/page/7