THE RESERVE BANK OF AUSTRALIA
Asia shares turn lower as recovery concerns resurfaceMSCI’s broadest index of Asia-Pacific shares outside Japan was last down 0.59 per cent.
- In RBI’s inflation-growth balancing, growth is big winner in this round
Normally, with this kind of elevated inflation scenario, the regulator would have treaded a more careful path. However, given the extraordi...
- Australian shares jump 1% as cenbank holds rates on housing market boom
The S&P/ASX 200 index was up 1.1% at 6,588.5 points at the close of trade. The benchmark ended lower on Monday over Australia's deepening t...
- Australia shares snap four-day rally as virus outbreaks weigh
The resurgence of the virus globally comes just as travel restrictions are gradually being eased, and it is likely to dampen prospects of a...
- Rate cut bets melt as vaccines boost economy hopes
As recently as Oct. 20, markets were pricing rate cuts of up to 25 basis points from leading central banks by next autumn as the resurgent ...
- Financials push Australian shares to near 9-month high; NZ snaps 11-day rally
Reserve Bank of Australia Governor Philip Lowe said he was not worried about rising home prices yet because demand is weaker due to slow po...
- Vaccine optimism buoys euro, offshore yuan hits highest since June 2018
Europe's shared currency, however, fell against a broadly stronger pound, which gained on media reports that Britain could reach a post-Bre...
- Australia shares end lower as traders shun risk on virus surge
Travel and tourism stocks also fell, with Flight Centre Travel Group, and Corporate Travel Management each dropping more than 1%.
- Asia shares follow Wall St higher on US gridlock bets
MSCI's broadest index of Asia-Pacific shares outside Japan added 0.5% to reach its highest since March 2018. Japan's Nikkei rose 0.9% to a ...
- Shares wary, bonds rally as US vote proves painfully tight
Investors had initially wagered that a possible Democratic sweep by Joe Biden could ease political risk while promising a huge boost to fis...
- Australia shares gain 2% as cenbank trims rates, expands bond buying
The Reserve Bank of Australia trimmed interest rates to near zero on Tuesday and expanded its bond-buying programme, as widely expected, a ...
- Asian shares hold firm, shrug off US election jitters
Australia's ASX 200 jumped 1.17% in early trading, while Hong Kong's Hang Seng index futures rose 0.28%. S&P 500 futures climbed 0.31%, ext...
- Dollars sought in the calm before election day
Against a basket of currencies, the dollar held at 94.050, just below a month-high hit on Monday. The safe-harbour yen has also ground high...
- Australian banks complain they have too much money, more may be on the way
Further measures to spur credit demand are on the cards, including scrapping "responsible lending" laws, and on Tuesday the Reserve Bank of...
- Australian shares end marginally higher ahead of budget
The S&P/ASX 200 index closed up 0.2% at 5952.7. The benchmark had gained 2.6% on Monday.
- Australian shares end over 1% lower after Trump tests positive
"The Trump COVID-19 diagnosis is a strong negative for financial markets and will lead to a rotation into defensive positioning," said Jeff...
- Australia shares track U.S. peers higher; Fed in focus
Australia's tech stocks climbed 2.4%, with buy-now-pay-later firms bouncing. Bellwether Afterpay hit a near two-week high and closed 4% hig...
- Australia shares dip as banks drag; eyes on U.S. Fed meeting
The ASX 200 index ended 0.08% lower at 5,894.8, with the "Big Four" banks falling between 1.4% and 1.9%. Heavyweights CSL Ltd and BHP Group...
- Australia shares rise ahead of Powell's speech
The S&P/ASX 200 index rose 0.2 per cent to 6,126.20, marking a third session of gain in four, as data showed Australian business investment...
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