NEWS.com.au | Business | Markets

Low inflation, high AUD led to rate cut

Tue, 21 May 2013 05:36:58 GMT

MINUTES from the RBA meeting that slashed the cash rate give no clues as to whether more reductions are on the cards.

Dollar higher as traders await Fed testimony

Tue, 21 May 2013 03:28:37 GMT

THE Australian dollar is higher, despite suffering some falls on the back of profit taking during the morning.

Stocks weaker on growth forecast

Tue, 21 May 2013 02:40:30 GMT

AUSTRALIAN stocks are weaker at noon as the Reserve Bank of Australia forecasts below-average economic growth in 2013.

$A higher as Wall St rallies

Sun, 19 May 2013 21:11:25 GMT

THE $A has climbed but failed to make significant gains despite US stocks rising to a new all-time record at the end of last week.

Aussie market on the up

Sun, 19 May 2013 21:08:12 GMT

THE Australian share market is higher as another Wall Street record buoys mining and banking stocks.

AUD down and set to stay

Sat, 18 May 2013 03:06:02 GMT

IF you're planning an overseas holiday any time soon, this will come as bad news: the Australian dollar is down and staying down.

Bypass IMF, say top Euro experts

Fri, 17 May 2013 15:50:41 GMT

ENGINEERING Cyprus's financial bailout was so chaotic that top European officials say it is time to rethink how the region manages its crisis.

Stocks higher as miners gain

Fri, 17 May 2013 02:56:04 GMT

THE Australian market was higher at noon due to strong gains from the mining giants.

Stocks weaker as miners fall

Thu, 16 May 2013 04:39:04 GMT

THE Australian market was marginally weaker at noon as falling commodity prices hurt key mining stocks.

Resources investment to peak at $85bn

Thu, 16 May 2013 04:28:47 GMT

INVESTMENT in Australia's resources sector is expected to peak at a record $85 billion this year, led by unprecedented spending in the sector.

Resources curb gains for AUD

Wed, 15 May 2013 22:25:09 GMT

THE Australian dollar is higher but is failing to build onto its gains as commodity prices fall.

Dollar weaker at noon after deficit

Wed, 15 May 2013 02:42:27 GMT

THE dollar was weaker at noon as the announcement of an $18 billion budget deficit convinced traders more interest rate cuts are coming.

Australian shares open higher

Wed, 15 May 2013 01:25:57 GMT

THE Australian market has opened higher due to strong overseas leads and the falling Australian dollar.

Wall Street hits record high

Tue, 14 May 2013 21:59:55 GMT

RENEWED optimism has seen US stocks surge to a new record high of 15,215.

Budget fails to dent Aussie dollar

Tue, 14 May 2013 10:11:07 GMT

The Australian dollar has remained unchanged by the release of the Federal Budget.

Share market higher at noon

Tue, 14 May 2013 03:09:38 GMT

THE Australian market is higher in intraday trading as the Federal Government prepares to hand down its 2013 Budget.

$A below parity at noon

Sun, 12 May 2013 22:34:05 GMT

THE Aussie dollar is trading below parity with the greenback as speculation about winding back US quantitative easing buoys the US dollar.

Weak start for Aussie market

Sun, 12 May 2013 22:31:32 GMT

The Australian market has opened flat as gains for defensive stock offset losses for Westpac and Macquarie banks.

Dollar trading flat after overnight fall

Fri, 10 May 2013 03:27:37 GMT

THE Australian dollar is trading in a narrow range after tumbling close to two US cents overnight.

Stocks firmer at noon as dollar falls

Fri, 10 May 2013 03:21:35 GMT

THE Australian share market was firmer at noon as a weakening local currency helped the mining giants outperform the market.

Australian market opens flat

Thu, 09 May 2013 01:03:03 GMT

THE Australian share market has opened relatively flat despite a positive lead from overseas markets.

Stocks firmer at noon as miners rise

Wed, 08 May 2013 02:51:25 GMT

SHARE market firms at noon as the mining giants outperformed the market, and gained another boost from Chinese trade data.

Dollar flat after Chinese data

Wed, 08 May 2013 02:42:45 GMT

THE Australian dollar is flat following improved Chinese trade data.

Europe shares rally amid Frankfurt record

Tue, 07 May 2013 22:05:47 GMT

EUROPEAN equities rally with star performer Frankfurt striking a record high following impressive company earnings and upbeat data.

More banks pass on rate cut in full

Tue, 07 May 2013 11:37:10 GMT

THE Commonwealeth bank joins Westpac, Bank of Queensland and the National Australia Bank in passing on today's RBA rate cut in full.