Australian shares rose on Tuesday, lifted by BHP after the world’s largest listed miner rose to a record with stronger first-half results, setting the tone as earnings season begins for the resources sector. The S&P/ASX 200 extended gains to close 0.2% higher at 8,958.90 points, building on Monday’s 0.2% gain. With US markets closed […]
The US dollar continued to rise overnight on Thursday after President Donald Trump withdrew his threat to impose tariffs on some European NATO countries, proclaiming the framework of a deal with NATO over control of Greenland. That put the safe-haven Swiss franc on the back foot, retreating sharply from a three-week high, while gold fell […]
Australian shares ended a choppy session marginally lower on Wednesday as gains in the mining sector failed to offset broader losses, fueled by caution over the prospects for longer yields and the upcoming US interest rate decision. The S&P/ASX 200 index fell 0.08% to 8,579.40 points. Yields closed 0.5% lower on Tuesday after the Reserve […]
The dollar strengthened to a nearly three-month high on Monday as investors awaited the release of data this week to gauge the health of the US economy and whether it could change the Federal Reserve’s hawkish stance. The yen languished near an 8.5-month low, pressured by wide interest rate differentials between the US and Japan. […]
It is back to searching data for signs of how quickly, or not at all, further cutbacks can come from large economies, the central bank of Switzerland and world leaders are gathering in New York for the general meeting of the UN against a tense geopolitical background. 1. Back to interest rates The American Federal […]
Australian shares closed on a record high on Friday, in which a week set for a week that delivered several record peaks after a reduction in the central bank and a wave of strong business results with an incentive student. The S&P/ASX 200 index closed 0.7% higher on a record peak of 8,938.60. The benchmark […]