ASX falls on ‘fat chance of a rate cut’
The ASX closed down 0.8 per cent as investors factored in the unlikely chance of getting a rate cut following fresh inflation data on Wednesday.
Australian Dollar
Aussie dollar set for two-year low
The Aussie dollar is on track for its worst month since September 2022 as markets price in a win for Donald Trump in next week’s US Presidential election.
ASX edges higher for 3rd straight day
The ASX closed up 0.3 per cent for the third straight day, as investors wait for clarity from global markets.
Aussie dollar hits two-year low
A weaker than expected Aussie dollar and uncertainty around the US election led to a quiet trading day on Monday.
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ASX dives as RBA rate hike in play
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Shares flat as inflation rebounds
Shares erased their early gains on Wednesday after firmer-than-expected inflation data took traders by surprise.
ASX advances ahead of fresh inflation print
Ahead of consumer price figures for the March quarter, the benchmark notched its second session of gains.
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Miner goes nuclear with uranium drum
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ASX rebounds as Middle East tensions fade
Markets regained their composure on Monday after an apparent easing in hostilities between Iran and Israel.
ASX snaps five-day losing streak
Firmer than expected unemployment data failed to ease concerns that the RBA will hold interest rates steady through to 2025.
ASX flat on new inflation narrative
The Australian sharemarket edged down slightly on Wednesday, as investors settled into a new narrative on inflation.
ASX tumbles as stocks follow Wall St
Shares took their cue from the US stock market, with the local benchmark finishing in the red for the fourth consecutive session.
Original URL: https://www.themercury.com.au/business/markets/australian-dollar/page/23