Financial Services

The Australian dollar hit a fresh 10-week high following gains on US sharemarkets, but lost some ground after disappointing jobs figures.

The Australian share market has bounced back to close above the key 5,000 point mark for the first time in a month amid hopes that local interest rates will fall.

Australian stocks have opened higher, led by strong gains from the big banks and supermarket chains.

US stocks powered to new record highs on Wednesday after Federal Reserve meeting minutes suggested the Fed's easy-money policies would remain in place for a while longer.

The Australian dollar has rallied to its highest level in more than two months, helped along by Chinese trade data.

The Australian share market has closed slightly weaker as investors sold off defensive and high yielding financial stocks after a couple of days of gains.

The RBA is painting a positive outlook for Australia's economy, despite the end of the mining investment boom nearing and the high dollar weighing on growth.

The Australian share market has opened flat despite a lift in overseas markets overnight.

The Dow Jones Industrial Average shook off early weakness on Tuesday and pressed through to another record close, led by strong gains in tech shares Microsoft and Intel.

The Australian dollar is back above 104 US cents, thanks to weakness in the greenback and softer Chinese inflation figures.

The Australian share market enjoyed a bumper day, closing almost one and a half per cent higher on positive overseas leads.

The Australian share market has opened higher.

US stocks have recovered from early losses and closed higher in anticipation of earnings season, which kicks off this week.

The Australian dollar is lower following disappointing US jobs figures and weakness in the Japanese yen.

Australian stocks finished mildly higher as investors took their cues from Japan, amid renewed interest in local mining stocks.

ANZ and Westpac will become the first Australian banks to help businesses directly trade Australian dollars for the Chinese yuan.

 Australian shares have opened slightly higher, buoyed by resource stocks.

After a meteoric climb in the first quarter, US equity markets finally began to come back down to earth last week.

 A sharp fall in the value of the yen has pushed the Australian dollar lower against the greenback.

The Australian share market has closed lower as investors struggle to maintain the confidence that marked the earlier months of this year.

Consumer and business confidence in Australia should rebound in 2013 if the global economy stays relatively stable, says Commonwealth Bank chief executive Ian Narev.

Opposition Leader Tony Abbott has vowed to "fight ferociously" to block Labor's latest ch

The Australian stock market has opened flat, with gains by the two big miners offset by weakness among healthcare companies and major retailers.

US stocks closed a choppy day of trading higher after Japan's monetary stimulus plan boosted sentiment.The Dow Jones Industrial Average rose 55.76 (0.38 per cent) to 14,606.11.

The Australian dollar is slightly lower against its US counterpart following news of fresh stimulus measures in Japan.

The Australian share market finished almost one per cent lower due to weaker offshore leads and lower commodity prices.

Australian stocks have opened weaker, with mining companies posting the largest falls amid broad based declines.

US stocks dropped on Wednesday after weak economic indicators halted the market's upward momentum of recent weeks.

The Australian share market has closed about 0.6 per cent lower amid mixed economic data.

Glenn Stevens will continue to serve as central bank governor until 2016 following his reappointment by Treasurer Wayne Swan today.

Australian stocks have opened firmer, with the big retail banks among the better performers on a day of broad-based gains.