ASX extends winning streak post RBA cut
A new record high for Australia’s largest bank as well as strong gains in the energy and healthcare sector helped drive the share market to a three-month high.
A new record high for Australia’s largest bank as well as strong gains in the energy and healthcare sector helped drive the share market to a three-month high.
Aussie entrepreneur Mark Bouris has made a huge call on the future of rate cuts for the year, after the Reserve Bank cut the official cash rate by 25 basis points.
Aussie entrepreneur Mark Bouris has made a huge call on the future of rate cuts for the year, after the Reserve Bank cut the official cash rate by 25 basis points.
ANZ has warned Aussies to watch out for scammers using the RBA cash rate decision to rip off homeowners.
The local market continued its cautious rally, as trade talks between the two largest economies are set to begin over the weekend.
Cautious investors pushed the Australian sharemarket higher on Thursday on the prospect of a new Trump trade deal with the UK.
One of Australia’s biggest banks has delivered record revenues as its outgoing CEO praises ‘remarkably resilient’ Aussie households.
A rally in the commodities sector and a strong result from a major bank drove the ASX 200 higher during Wednesday’s trading.
The ASX 200 closed marginally lower during Tuesday’s trading as the major banks and healthcare drag the market down.
Australia’s sharemarket has snapped a seven day win streak on the back of a major bank and oil deal.
They haven’t been implemented yet, but just the threat of Donald Trump’s US tariffs is damaging some of Australia’s biggest businesses.
The ASX 200 has capped off an $85bn week on the back of renewed hopes tariffs could be walked back.
A surge in technology and real estate stocks helped drive the ASX 200 higher, despite fears of a slowing US and Chinese economy.
A jump in the banking and consumer discretionary stocks helped push the ASX into the green on Wednesday as investors factored in a rate cut in May.
Original URL: https://www.themercury.com.au/business/markets/australian-dollar/page/2