US stocks have followed European markets higher after a German court gave its approval to the eurozone's permanent crisis fund, opening the door to more aid to embattled Spain.
The Australian dollar has soared to its highest level in three weeks amid optimism the US Federal Reserve will introduce a fresh round of economic stimulus.
Australian shares have opened slightly higher as investors remain cautious ahead of a US Federal Reserve meeting and a German court decision on the eurozone debt rescue fund.
US stocks have mostly risen, lifted by upbeat economic data and hopes that a Federal Reserve meeting will deliver economic stimulus and a key German court decision will ease eurozone turmoil.
Australian stocks closed slightly weaker ahead of a key German court decision about the euro zone funding package, with declines among the utilities and financial sectors leading the broader market
Australia's economy is strong enough for the Reserve Bank to hold off on another rate cut in 2012, despite concerns about weaker commodity prices and the mining boom, a report says.
US stocks have fallen as investors digested an unexpected decline in consumer credit, another weak signal on consumer spending, and Apple plummeted ahead of its expected iPhone 5 launch.
US stock market turned a weak jobs report into positive news on Friday, ending higher on expectations that the data will lead to new Federal Reserve efforts to help the economy.
The Australian dollar closed almost a full US cent higher after the European Central Bank (ECB) revealed a plan to support the region's weaker economies.
Australian shares finished stronger, after global bourses reacted favourably to the European Central Bank's new plan to help ailing eurozone countries.
The value of Western Australia’s listed companies was largely flat in August, despite growing concerns regarding the health of the energy and resources sector, new research says.
Treasurer Wayne Swan has applauded the European Central Bank's plan for a massive European sovereign bond buy-up to stabilise markets as another step to putting the zone on a sustainable footing.
The Australian dollar has pushed more than half a US cent higher after Europe's central bank unveiled a massive bond-buying program to help alleviate the euro zone's sovereign debt crisis.
US stocks have surged to new multi-year highs, helped by positive economic data and the European Central Bank's (ECB) new plan to help ailing eurozone countries in the bond market.
The Australian share market has closed higher on the back of positive corporate news and jobs figures, and hopes for a resolution to Europe's debt crisis.
US stocks have closed essentially flat on the eve of a crucial European Central Bank (ECB) policy meeting amid hopes for action to stem eurozone financial turmoil.
