Aust dollar jumps on RBA forecasts
By AAP The Australian dollar has rallied after the Reserve Bank made a smaller than expected cut to its economic forecasts. At 12. 00pm (AEDT) on Friday, the local currency was trading at US78....
Tagged: AEDT
Aust dollar rallies above US78c on RBA
By Mitchell Neems The Australian dollar rose almost half a cent on confirmation the Reserve Bank of Australia has revised down its economic growth forecasts. At 11. 27am (AEDT) the local currency was trading at...
Aust stocks eye record rally
By Mitchell Neems The Australian sharemarket is on the verge of creating history, after opening more than half a per cent higher as Wall Street was buoyed by a rally in global oil prices. At the 10....
Aust dollar rallies above US78c
By AAP Alan has been a trusted source of investment advice to Australians for many years, and in 2005 he founded Eureka Report - Australia’s #1 online investment report. The Australian dollar has bounced...
Aust stocks set to open higher
By AAP The Australian sharemarket looks set to open higher following a strong lead from Wall Street on the back of rebounding oil prices. At 6. 45am (AEDT) on Friday, the March share price...
Aust bonds rally on ECB's Greek banks decision
By AAP Mr Plank said the week had been “extremely volatile”, which is likely to continue with the release of the Reserve Bank‘s quarterly statement on monetary policy on Friday, which includes the bank’s...
Sharemarket posts 11th straight win
By Michael Roddan While the local sharemarket traded flat for the morning session, Hong Kong stocks opened 1. 49 per cent higher and the Shanghai Composite Index surged 2. 22 per cent in early trade, buoying Australian stocks into their eleventh straight gain. At the...
Aust dollar slips on retail data
By AAP Weak retail sales figures have delivered another blow to the Australian dollar. At 12. 00pm (AEDT) on Thursday, the local currency was trading at US77. 47c, down from US78. 40c on Wednesday. At...
Aust stocks open little changed
By Mitchell Neems The Dow Jones Industrial Average quickly lost more than 100 points late in the session to close flat after the ECB announced that it would no longer accept Greek government bonds as collateral. At the...
Aust stocks tipped to open flat
By AAP The Australian sharemarket looks set to open flat, following a weaker lead from Wall Street with US stocks fluctuating as oil prices again fall. At 6. 45am (AEDT) on Thursday, the March...
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