Article /
17 August 2017 at 0:33 GMT
Trading Desk / Saxo Capital Markets
Australia
Listed miners are reaping the benefits of gains in metals prices, The higher prices and the sliding US dollar have driven a strong bounce in the Australian dollar, which has soared back above 0.79.
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Article /
19 June 2017 at 0:38 GMT
Trading Desk / Saxo Capital Markets
Australia
The S&P/ASX200 headed higher at the start of trading today, despite sluggishness on Wall Street on Friday. However shares for top retaillers have headed sharply lower, as US retail jitters spread to Australia.
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Article /
03 November 2016 at 0:03 GMT
Trading Desk / Saxo Capital Markets
Australia
The Aussie market seems to have slipped back into fear mode, as US elections taint sentiment. Energy shares were heavily hit by a falling oil price and media company Fairfax was slaughtered by the market. ANZ seems to have been reprieved from its heavy Asian losses, as the market deems it is in the midst of a turnaround
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Article /
09 February 2015 at 6:50 GMT
Trading Desk / Saxo Capital Markets
Australia
The Australian market snapped a 12-day positive run, with the S&P/ASX200 closing down by 5.27 points or 0.09% to 5814.9 in a relatively quiet trading session. Sectors that helped limit losses were healthcare, up 1.91% and energy which gained 0.25%. Banks were mixed with the financials index up by 0.04%. After gapping down 25 pips from last week’s close of 0.7790, the Aussie dollar traded in a very narrow range.
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Article /
06 February 2015 at 6:47 GMT
Trading Desk / Saxo Capital Markets
Australia
The irrepressible banking sector lost a little of its steam today, as profit-takers entered the market. The unlikely hero of the 12 days has been media company Fairfax Media, which has risen over 4% over the period. AUDUSD continues to make a play for its resistance level, nudging towards 0.79
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