Financial Services

The Australian dollar is higher despite the Reserve Bank of Australia's weaker outlook for economic growth.

Australian shares rallied late, but closed slightly lower on Friday after being dragged down by the banks.

ANZ is the last of the big four banks to pass on the Reserve Bank of Australia's quarter of a percentage point interest rate cut.

The deterioration in the economic outlook underpinning the latest interest rate cut was so minor it is barely detectable in new forecasts from the Reserve Bank of Australia.

Australian shares have opened weaker despite a recovery on Wall Street, but local resource giants are defying the trend.

The Australian dollar is near its highest level in almost two weeks after Chinese international trade data showed the world's second largest economy is still going strong.

US stocks have snapped a three-day losing streak, catalysed by stronger Chinese trade data and better sentiment on the European economy.

The Australian dollar is higher despite weak jobs figures, boosted by better than expected trade data out of China.

The Australian share market has clawed back some of Wednesday's losses due to positive Chinese trade data and a strong profit result from Telstra.

The Australian share market has opened higher.

The Australian dollar is higher as the US dollar falls against all the major currencies on fears about the Japanese economy.

US stocks on Wednesday retreated for the third straight session on another quiet news day that left investors searching for direction.

Australian shares have fallen as healthy housing finance figures convinced investors the latest interest rate cut could be the last.

The Australian stock market has opened lower, following falls on Wall Street overnight.

The Australian dollar has held onto its gains after the Reserve Bank of Australia gave no indication there would be a third interest rate cut this year.

US stocks ended lower on Tuesday as more data and comments from Federal Reserve officials pointed to the likely pullback in Fed stimulus in the coming months.

The Australian dollar is higher despite the Reserve Bank of Australia cutting the cash rate to a an all-time low.

An interest rate cut has failed to lift the Australian share market into positive territory.

The Australian stock market has opened flat as investors hold out for official confirmation of a widely tipped interest rate cut.

Labor and the coalition are at odds over what an expected interest rate cut means for the economy as the election campaign enters its second day.

The Australian dollar is slightly higher after the release of some encouraging services sector data from the US and the UK.

US stocks have ended mostly lower on fairly quiet trading during which some investors fretted about the possible pullback of the Federal Reserve's aggressive bond-buying program.

The Australian dollar dipped to a three-year low then bounced back following weaker than expected retail spending data.

The Australian share market has posted a slight fall, ending two weeks of gains by the market's largest companies.

The Australian stock market has started the week slightly lower, ahead of the release of official monthly retail figures.

The Australian dollar is slightly higher after the release of weaker-than-expected US employment figures.

A jam-packed week of economic data and corporate earnings amounted to only modest movement in US equities, as stocks closed out a hectic week of news only somewhat higher.

The Australian share market has hit its highest point in more than two months as good signs from the United States overshadowed weaker local economic forecasts from the federal government.

The Australian share market has opened nearly one per cent higher.

The Australian dollar has fallen to a fresh three-year low as strong US economic data raised the possibility the Federal Reserve will start winding down its economic stimulus program soon.

US stocks have rallied on strong economic data from China, Europe and the United States, pushing the S&P 500 to an all-time closing high.

The share market has edged higher despite the negative impact of speculation banks could be hit with a deposit levy.