The Australian share market has closed lower after worse-than-expected figures for Chinese imports exacerbated concerns that the Chinese economy is weakening.
Weakening commodity prices may have dampened the outlook for the mining industry, but business conditions in Western Australia continue to be the strongest of all states, according to a survey rele
US stocks have fallen ahead of the opening of earnings season, with the slow economy and worries about European stability and Chinese growth pressing down on sentiment.
The Australian sharemarket has closed lower, after the release of a disappointing jobs report in the US on Friday and concerns that China's economy is still weakening.
The Australian sharemarket has opened almost one per cent lower in line with falls in the US after the release of a disappointing jobs report there on Friday.
US stocks narrowed early losses but ended lower overall after central banks in China and Europe acted to boost growth but US data did not set a clear path for the Federal Reserve to follow suit.
The Australian share market closed flat on a day when only about two-thirds of the average daily value was traded, amid an absence of offshore leads with Wall street closed for a public holiday.
The Australian dollar has drifted lower in a quiet overnight session as markets wait to see whether Europe's top bankers will introduce new stimulus measures.
European stock markets were little changed and the euro slipped against the dollar on Wednesday as investors waited for key monetary policy decisions by the European Central Bank and Bank of Englan
The Australian sharemarket has closed higher as local investors took heart from better-than-expected economic data out of the United States and a rosier outlook in the troubled euro zone.
Stockbroker and funds manager Euroz has reported a sharp slump in earnings from last year's very high levels, but it has still posted a profit, in contrast to the interim loss reported by competito
The Australian sharemarket has closed slightly weaker as investors weighed up recent weak economic data out of the United States and China and as Australia's central bank left the cash rate unchang
US stocks have finished mixed after news that manufacturing contracted for the first time in almost three years in June, raising concerns about a key pillar of the US economic recovery.
