Aussie shares finished flat but it was the dollar that climbed; the Aussie rose above 73 US cents following better than expected economic data from China and signs the RBA is unwilling to interfere yet.
The Australian share market finished around the day's highs in what appeared to be investors taking a punt on positive news coming out after the US Federal Reserve's two-day policy meeting later on Wednesday.
Aussie shares finished flat but it was the dollar that climbed; the Aussie rose above 73 US cents following better than expected economic data from China.
Miners and energy companies helped shares close higher on the Australian market as investors continue to hope for an end to four consecutive weeks of losses.
Australia's share market has fallen to its fourth consecutive week of losses after a negative day session in which banks and miners had losses of more than one per cent.
Australia's share market has finished higher, although some investors were underwhelmed by easing values throughout the session after a good lead from US markets.
As Indigenous Australians Minister Ken Wyatt holds talks to buy the rights to the Aboriginal flag, a Senate committee is preparing to offer him some ideas.
Australia's share market sunk from the beginning of trade and never recovered, after US investors continued to sell the technology stocks that have helped Wall Street to record highs.
Miners and banks have helped the ASX200 to a modest gain after investors overcame an early stumble, thanks to Chinese trade data which showed high demand continuing for iron ore.
