ASX rises on falling US inflation
The Aussie sharemarket surged on Thursday, thanks to new data and led by the major banks and information technology stocks.
The Aussie sharemarket surged on Thursday, thanks to new data and led by the major banks and information technology stocks.
The Aussie market closes down despite a positive start to trade across the board, as investors look ahead for jobs data and US inflation updates.
Australia’s share market finished in the green on Tuesday, led by the major resources and property stocks, and a surprise report out of the US.
The chances of an interest rate cut in early 2025 are falling faster than the Aussie dollar, with experts saying the drop in our currency could cause the Reserve Bank to baulk at a cut.
Australia’s collective household wealth has soared over the last 12 months driven by one key thing.
The Aussie dollar has collapsed during this morning’s trading as the US Federal Reserve says the rate cutting cycle will slow down.
The ASX 200 traded slightly down ahead of a major decision by the US Federal Reserve, just after the market hit a four-day high.
The ASX 200 has continued to suffer major headaches amid falling iron ore prices – with the market falling to a fresh four-week low.
The RBA’s slow response to the post-Covid economic boom is to blame for Australians paying more on their mortgage today, a consulting firm has found.
A sharp sell-off in materials and utilities dragged the Aussie sharemarket into the red – marking its worst week in four months.
The ASX has fallen to a three-week low on Thursday as markets digested better than expected unemployment figures.
Buy-now pay-later giant Afterpay has revealed some surprising Aussie fashion trends in its latest Afterpaid report, with one colour dominating 2024.
A sharp sell-off in information technology and energy stocks dragged the Australian markets down during Wednesday’s trading.
A sharp sell-off in banking and tech stocks pushed the Australian sharemarket into the red on Tuesday, even as the heavyweight mining sector soared.
Original URL: https://www.themercury.com.au/business/markets/australian-dollar/page/4