Australian News Today

Category : dollar

Live: RBA officials grilled over cost-of-living crisis, Australian shares open lower after Wall Street rebound

Analysts have said that along with the weak US jobs data, part of the market volatility in recent days has stemmed from other factors.Part of that is increasing

Live: ASX higher after Magnificent Seven lose $US800b in value as recession fears stoke Wall Street sell-off

You're going to hear a lot about "yen carry trade" today.Betashares' David Bassanese spoke to the ABC's Radio National this morning where he explained it very s

RBA board says no cuts expected in next six months after leaving interest rates on hold — as it happened

That's the view of EY chief economist Cherelle Murphy, who spoke to finance presenter Alicia Barry on News Channel a short time ago.Asked whether the RBA will h

Live: ASX set to tumble as recession fears crunch Wall Street and global markets

Good morning and welcome to another week on the ABC markets and finance blog.Stephen Letts from ABC business team limbering up for a blow-by-blow coverage of th

Live: Bank of England cuts rates for first time in four years, ‘pretty brisk decline’ likely on ASX after Wall St sinks

Good morning! It's Friday, August 2 and you're reading the ABC's markets blog — and I am thrilled to have your company.Let's kick things off with a quick look

Live: ASX to rise, US Fed signals upcoming rate cut

Good morning and welcome to Thursday's markets live blog, where we'll bring you the latest price action and news on the ASX and beyond.A rally on Wall Street ov

Live: Rex Airlines enters administration, June quarterly inflation data to be released, ASX likely to rise

Good morning! It's going to be a busy day for business and economic news, and I'll be your guide!The local share market is likely to start its day higher despit

Live: ASX set for positive start on a solid lead from Wall Street

Good morning and welcome to another week on the ABC markets and finance blog.Stephen Letts from ABC business team limbering up for a blow-by-blow coverage of th

ASX 1.3pc into the red after Wall Street wipe-out led by tech stocks

Market analyst Kyle Rodda from capital.com has put out a neat note to end the day.Here is his take on the action."It has been quite some time since something re

ASX 200 closes down 0.5 per cent in a widespread sell-off — as it happened

At its most basic, the Trump Trade is taking a bet on asset classes that are likely to be given a boost by the policies of a Trump administration.Broadly speaki

Live: Unemployment up slightly to 4.1pc in June

Bjorn Jarvis, the head of labour statistics for the ABS, says there are a couple of reasons behind the unemployment rate rising slightly in June to 4.1%"With em

Live: ASX rises after Dow notches record closing high

Wall Street stocks rose and the Dow Jones Industrial Average hit an all-time closing high on Tuesday after US retail sales data supported the view that the Fe