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.
The total value of Western Australian listed companies fell for the fourth consecutive month in June, a result described as “sombre” by analysts at Deloitte.
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.
US stocks on Thursday closed solidly higher for a third straight day following positive economic data and comments from a top Federal Reserve official that the Fed would not hastily end its stimulu
The Australian dollar has lost some ground after weaker-than-expected US economic growth figures drove an earlier rally in the local currency overnight.
US stocks have surged after investors took a positive view of reduced growth estimates.The Dow Jones Industrial Average jumped 149.83 (1.02 per cent) to 14,910.14.
The Australian dollar is firmer after the People's Bank of China indicated it would move to prevent a credit crunch in the world's second largest economy.
