Dollar falters as risks eyed
The local unit has continued to lose ground as Brexit worries spread through global markets.
The local unit has continued to lose ground as Brexit worries spread through global markets.
The local bourse has been weighed by banks and miners, despite paring losses in afternoon trade.
The retailer hopes fresh undertakings will win an ACCC tick for its Home Timber & Hardware bid.
Global investors continue to pile into safe havens, as expectations grow for more central banker stimulus.
Shanghai stocks have leapt above the 3000-point level for the first time since April, on hopes for government reforms.
The local unit has retreated from its overnight gain as traders digested the RBA’s statement.
Banks and retailers weighed heavily on the market as political and economic uncertainties linger.
Queensland and WA are leading the nation for insolvencies amid mining and property sector consolidation.
The local sharemarket was close to 1pc lower at noon as the financial sector slumped.
Steep falls among Italian banks have pushed the pan-European index into the red.
Original URL: https://www.theaustralian.com.au/author/amber-plum/page/64