US stocks have ended higher as investors look forward to the kickoff of earnings season.The Dow Jones Industrial Average rose 88.85 (0.59 per cent) to 15,224.69.
The corporate watchdog will monitor analysts' briefings during the upcoming reporting season after launching an investigation into Newcrest Mining's disclosure of a $6 billion writedown.
The Australian dollar this week could well fall below 90 US cents for the first time in almost three years as healthy US jobs data boosts the greenback.
The Australian share market rose by more than 19 per cent from November 2012 to May 2013, before giving back 11.1 per cent in the subsequent six weeks.
The Australian dollar is higher after the Bank of England and the European Central Bank pledged to keep their interest rates low for an extended period to support growth.
European shares prices have rallied and the euro has plummeted against the US dollar after the eurozone and British central banks signalled that easy-money policies to stimulate growth will continu
Australian shares are one per cent higher as the military overthrow of Egyptian president Mohamed Morsi boosts the price of crude oil and shares in energy companies.
US stocks have closed higher in shortened pre-July 4th holiday trade helped by fresh jobs data, while turmoil in Egypt and Portugal had no significant impact on the markets.
The Australian dollar fell to a three-year low after Reserve Bank governor Glenn Stevens revealed the board took "a very long time" to decide whether or not to leave the cash rate unchanged this mo
The Australian stock market's rollercoaster start to the new financial year has continued with more than $26 billion wiped from its value on Wednesday.
Gold futures have ended lower, after two straight sessions of gains, as a US stronger dollar and the swift recovery saw some investors sell their holdings to lock in profits.
The central bank has kept the cash rate unchanged at a record low of 2.75 per cent at its July board meeting, with the outlook for the global economy looking a bit better.
The Australian share market has opened significantly higher as positive manufacturing data out of the United States and Europe improved investor confidence.
The Australian dollar has firmed as the gloomiest US manufacturing employment news since 2009 convinced traders the US Federal Reserve may delay winding back its stimulus measures.
US stocks have spent the day in positive territory on generally strong manufacturing data, although leading indices closed well below their intraday highs.
The deal-making environment in Western Australia is as challenging as ever, as the once-buoyant mining sector recalibrates to the so-called ‘new normal’, which appears to be the old normal as far a
US stocks closed mostly lower on Friday after a three-day rally, with shares of BlackBerry hammered as the struggling phone maker reported a surprise quarterly loss.
The Australian dollar has fallen close to 91 US cents after a member of the US Federal Reserve board of governors suggested American stimulus measures could be eased from September.