By IBTimes AU
Bell FX Currency Outlook: The Australian dollar has opened this morning around USD.9760, after trading down to a low of USD0.9690 overnight as European
equities followed Asia's lead falling around 2.5%. (5:56 am)
MORE TOPICS:
AUSTRALIA, FTSE, GOLD, HSBC, MANUFACTURING, GDP, COPPER
By Ozforex
Fears of an impending Greek exit from the euro sent markets into a tail spin yesterday, the euro breaking critical support levels and taking the Australian Dollar down with it. (4:38 am)
MORE TOPICS:
CHINA, UNEMPLOYMENT, HSBC, MANUFACTURING, RETAIL SALES, GDP
By IBTimes AU
The World Bank has picked on Australia for its over-dependence on its resource exports to China, which could eventually hamper growth in the Asia-Pacific Region to 7.6% this year. (12:02 pm)
MORE TOPICS:
AUSTRALIA, CHINA, UNITED KINGDOM
By IBTimes AU
Credit Suisse, in a new report released on Wednesday, warned Australian banks not to lower their lending standards for home loans to make up for the flat growth of lending across the banking industry,. (8:50 am)
MORE TOPICS:
AUSTRALIA, CREDIT SUISSE, MORTGAGE
By IBTimes AU
National Australia Bank (NAB) Chief Executive Cameron Clyne blamed on Wednesday the battle for deposits among Australian lenders for the high mortgage interest rates in the country. In effect, he belied claims by the other banks that the European cri... (6:48 am)
MORE TOPICS:
AUSTRALIA, MANAGEMENT, MORTGAGE
By IBTimes AU
Bell FX Currency Outlook: This morning the Australian dollar is over a US cent lower, currently trading at USD0.9790 after comments about the possibility of Greece leaving the Euro currency resulted in risk aversion trading, and in turn, a fall in the AUD. (May 23)
MORE TOPICS:
AUSTRALIA, FTSE, CHINA, DOW JONES, GERMANY, EUROPEAN UNION, GDP
By Comsec
The Australian sharemarket improved for the second straight day, something which has not happened in around 3 weeks. The All Ordinaries Index (XAO) jumped 1.2 pct or 49.1 pts to 4173.5. The market improved as the day wore on and ended close to the highs of the day. (May 22)
MORE TOPICS:
FEDERAL RESERVE, EXISTING HOME SALES, MANUFACTURING, TWITTER, FACEBOOK, JAPAN
By Comsec
The Australian sharemarket managed to improve for the first time in five sessions today, with the All Ordinaries Index (XAO) gaining by 0.6 pct or 25.6 pts to 4124.4. Shares were up by as much as 1 pct in early trade, fell by 0. (May 21)
MORE TOPICS:
GOLD, FEDERAL RESERVE, HSBC, MANUFACTURING, TWITTER, FACEBOOK
By Comsec
Friday our market had what many would call a "shocker" we had widespread selling as losses continued throughout the day by the close the All Ordinaries Index (XAO) has slumped by 110 points to 4,098 points. (May 21)
MORE TOPICS:
GOLD, CRUDE OIL, TWITTER, FACEBOOK, AUSTRALIA, EARTHQUAKE
By Comsec
Today certainly was not an enjoyable day for those involved in markets. The All Ordinaries Index (XAO) slumped by 2.6 pct or 109.7 pts to 4098.8. Almost all sectors ended in the red today, with the mining and financial sectors the worst performers. (May 18)
MORE TOPICS:
GOLD, PORTUGAL, TWITTER, FACEBOOK, AUSTRALIA, ADVERTISING
