US stocks have closed lower after the Federal Reserve kept monetary policy unchanged -- a widely expected move that nevertheless disappointed those hoping for a sign of new economic stimulus.
The Australian sharemarket has closed slightly lower after investors took a cautious approach ahead of US Federal Reserve and European Central Bank meetings.
The Australian dollar is a third of a US cent higher ahead of the much anticipated meetings of the US Federal Reserve and the European Central Bank (ECB), this week.
US stocks have closed in the red as Wall Street hopes for US Federal Reserve and European Central Bank stimulus action this week and awaits a report on the July jobs market.
The federal budget deficit for the last financial year is likely to be better than expected due to solid revenue growth, the latest government figures show.
The Australian dollar is half a US cent higher on speculation European leaders and the European Central Bank (ECB) will take action to protect the euro from the region's debt crisis.
The Australian share market has closed at its strongest level in a week after a pledge by the European Central Bank (ECB) to preserve the euro underpinned renewed investor confidence.
The Australian dollar is more than half a US cent higher on comments suggesting the European Central Bank (ECB) could take a greater role in curbing euro zone debt.
US stocks have soared, buoyed by a pledge from Europe's top central banker to do everything possible to save the eurozone from a raging sovereign debt crisis.
The Australian share market closed stronger as investors snapped up industrial stocks amid renewed hopes for a potential solution to the European debt crisis.
ASX-listed mineral explorer Black Mountain Resources has made a push to increase investor exposure by commencing trade on the London-based Alternative Investment Market.
US stocks have closed mixed as investors digested strong earnings reports from Dow members Boeing and Caterpillar and disappointing results from Apple.
The Australian sharemarket has closed slightly lower as fears that Spain may be headed for a financial bailout overshadowed lower-than-expected inflation figures in Australia.
US stocks fell sharply Tuesday on growing concerns about Europe's sovereign debt crisis, soft corporate earnings at home and a weak manufacturing report.
The Australian dollar is slightly lower, but is on the way up following upbeat comments on the Australian economy by the central bank governor and better than expected Chinese economic data.
The Australian sharemarket closed slightly higher, in a major turnaround from the day before, as cautious investors were encouraged by better Chinese manufacturing data.
