Posted
Stocks in the United States edge lower, with losses in healthcare stocks weighing on the market as President Donald Trump flags higher regulatory costs for the sector.
Topics: stockmarket, currency, futures, markets, united-states, united-kingdom, european-union, australia
Posted
| UpdatedThere are renewed calls for the Papua New Guinea currency, the kina, to be devalued by up to 20 per cent.
Topics: currency, money-and-monetary-policy, pacific, papua-new-guinea
Posted
| UpdatedThe Australian dollar jumped sharply as the Federal Reserve's rate hike last night took the wind out of the US dollar.
Topics: business-economics-and-finance, currency, company-news, banking, australia, melbourne-3000
Posted
Stocks in the United States rally, as does the Australian dollar, despite the US Federal Reserve raising interest rates for the second time in just three months.
Topics: stockmarket, currency, markets, money-and-monetary-policy, futures, united-states, united-kingdom, european-union, australia
Posted
| UpdatedThe US Federal Reserve raises interest rates to a range of 0.75 per cent to 1.00 per cent, a move spurred by steady economic growth, strong job gains and confidence that inflation is rising to the central bank's target.
Topics: money-and-monetary-policy, currency, markets, economic-trends, united-states
Posted
The share market closed higher as buyers flocked to the big iron ore miners. Fortescue was up 5.7 per cent.
Topics: business-economics-and-finance, stockmarket, currency, company-news, melbourne-3000, australia
Posted
The corporate watchdog says Westpac and ANZ have agreed to court enforceable undertakings to improve supervision of staff after their foreign exchange traders manipulated the foreign currency market over several years.
Topics: currency, business-economics-and-finance, company-news, banking, markets, regulation, australia
Posted
Stocks in the United States edge lower, with investors exercising caution ahead of the Federal Reserve's policy meeting and reacting to another fall in oil prices.
Topics: stockmarket, currency, futures, markets, money-and-monetary-policy, oil-and-gas, business-economics-and-finance, united-states, united-kingdom, european-union, australia
Posted
The stock market was flat ahead of the US Federal Reserve Board meeting with resources up and banks down.
Topics: business-economics-and-finance, currency, stockmarket, company-news, melbourne-3000, australia
Posted
Stocks in the United States ease after a drop in healthcare stocks on uncertainty around the replacement for Obamacare.
Topics: stockmarket, currency, futures, markets, money-and-monetary-policy, united-states, united-kingdom, european-union, australia
Posted
The monthly US employment report has locked in a rate increase by the Federal Reserve Board later this week.
Topics: business-economics-and-finance, currency, company-news, stockmarket, melbourne-3000, australia
Posted
Stocks in the United States barely moved overnight, as financial shares rose once again offsetting falls in energy shares as oil prices fell nearly 3 per cent.
Topics: business-economics-and-finance, company-news, industry, oil-and-gas, markets, currency, futures, stockmarket, united-states, australia
Posted
The oil price had its biggest one day fall in more than a year overnight, dragging the Australian market and dollar lower.
Topics: business-economics-and-finance, currency, company-news, stockmarket, melbourne-3000, australia
Posted
Stocks in the United States post modest falls for the third straight session, with gains in financial stocks offset by energy losses.
Topics: stockmarket, currency, futures, markets, money-and-monetary-policy, economic-trends, united-states, united-kingdom, european-union, australia
Posted
The Australian dollar fell below 76 cents US in part because the market is expecting interest rates to be closer to America's in future.
Topics: business-economics-and-finance, currency, company-news, stockmarket, melbourne-3000, australia
Posted
Markets in the United States edge lower, with pharmaceuticals among the worst performers after Donald Trump tweeted that he was going to make medicines cheaper.
Topics: stockmarket, markets, currency, futures, united-states, united-kingdom, european-union, australia
Posted
The Australian dollar moved back above 76 U-S cents today after the Reserve Bank's decision to leave rates on hold.
Topics: business-economics-and-finance, currency, melbourne-3000, australia
Posted
Wall Street eases across the board, with investors nervous after US President Donald Trump's accusation that his predecessor Barack Obama wiretapped him.
Topics: stockmarket, currency, futures, markets, united-states, united-kingdom, european-union, australia
Posted
The dollar stayed down ahead of tomorrow's interest rate decision despite a solid improvement in retail sales in January.
Topics: business-economics-and-finance, currency, banking, melbourne-3000, australia
Posted
The US Federal Reserve is set to raise interest rates this month and is on track to lift them further later this year, its chair Janet Yellen signals, in evidence the fears forcing it to keep borrowing costs near zero for so many years are firmly on the wane.
Topics: money-and-monetary-policy, economic-trends, markets, currency, united-states
Posted
| UpdatedProfit-taking dominates the overnight trading session in the United States, after yesterday's strong gains which saw the Dow Jones Industrial Average surge past the 21,000 point mark for the first time.
Topics: business-economics-and-finance, company-news, markets, money-and-monetary-policy, currency, stockmarket, futures, australia, united-states
Posted
Wall Street's blue chip Dow Jones Industrial Average surges through 21,000 points for the first time on President Donald Trump's speech to Congress.
Topics: stockmarket, futures, currency, markets, donald-trump, world-politics, united-states, united-kingdom, european-union, australia
Posted
US investors are cautious ahead of President Donald Trump's eagerly-anticipated speech to a joint session of congress where it is hoped he will outline his economic policies.
Topics: stockmarket, currency, futures, markets, economic-trends, united-states, australia, united-kingdom, european-union
Posted
Investors keep their powder dry overnight, ahead of an eagerly anticipated speech by US President Donald Trump on Tuesday night.
Topics: stockmarket, currency, futures, markets, united-states, united-kingdom, european-union, australia
Posted
Falls among technology stocks offset the impact of a surge in oil prices, resulting in a mixed finish on Wall Street.
Topics: stockmarket, business-economics-and-finance, company-news, economic-trends, markets, currency, futures, united-states, australia