Tag: Currency markets
Market eases but holds gains
The local market has eased back on closing, but has held on to its gains especially in the resources and banking sectors.[MORE]
Stimulus package keeps local market high
The Government's $10 billion stimulus package has kept the Australian share market high and kicked along the Australian dollar.[MORE]
Shares rise almost 6 per cent
Australian shares are up nearly six per cent following Wall Street's record rise overnight.[MORE]
Market up 6pc after Wall Street record
Australian shares have jumped more than 6 per cent in early trade after Wall Street posted its biggest one-day points gain on record.[MORE]
Global markets rally as governments take action
Stockmarkets have rallied around the globe as governments move to shore up their banks.[MORE]
Volatile week sees Aussie dollar hit 5yr low
The Australian dollar plunged more than 14 per cent in the past week to a five-year low as investors panicked by the global financial crisis dump the unit in favour of the US dollar, according to dealers.[MORE]
Local market boosted by bank deposit guarantee
Australian stocks have closed up, buoyed by news the Federal Government will guarantee all bank deposits held in Australian financial institutions.[MORE]
Cash injection boosts bank stocks
Australian shares have jumped after a massive injection of cash into the banking system by the Reserve Bank.[MORE]
Market bounces back on opening
Banks lead the way as Australian shares jump more than 5 per cent.[MORE]
Bush vows to resolve financial crisis
US President George W Bush has said the American Government would move aggressively to address the financial markets crisis[MORE]
Wall St slides on global rout, bank woes
Wall Street shares have plunged to a five-year low at the opening of trade as the global stock meltdown continues.[MORE]
Black Friday: markets suffer biggest loss in 21 years
The Australian sharemarket has had its second biggest one-day fall on record.[MORE]
G20 'vital' to easing global market turmoil
Analysts say a global response from this weekend's Group of 20 (G20) meeting is crucial to addressing the financial crisis.[MORE]
Asian markets lose 11pc in early trade
The share market rout has hit hard in Asia, where the region's biggest exchange in Tokyo has fallen by 11 per cent.[MORE]
Market plunges almost 8pc
Shares on the Australian share market have slumped almost 8 per cent.[MORE]
US stocks dive to new five-year low
United States stocks have fallen for the seventh straight day, sending the Dow Jones industrial average to a new five-year low.[MORE]
European stocks mostly rebound amid rate cuts
European stock markets rebounded slightly as governments rushed to protect ailing banks and their savers, while Asian shares ended mixed after world indices endured sharp falls a day earlier.[MORE]
Australian stocks fall again
The Australian share market has joined the universally lacklustre response to the coordinated rate cut by six central banks.[MORE]
Lower dollar blamed for slowing fuel price falls
The RACV says the low Australian dollar is slowing further falls in the retail price of petrol in regional Victoria.[MORE]
Domestic stocks plummet to 3-year low
Australian shares have fallen nearly 2 per cent to their lowest level in more than three years.[MORE]
Local shares drop 1.2pc at market open
Australian shares have dropped 1.2 per cent in early trade after turmoil on world markets overnight.[MORE]
Aust dollar makes partial recovery after plunge
The Australian dollar made a partial recovery after being hit hard and plunging to a new five-year low.[MORE]
Market plunges 5pc, dollar crashes
The Australian share market has plunged 5 per cent, with the dollar in freefall.[MORE]
Weaker dollar may boost domestic tourism
The weakening of the Australian dollar could have a positive impact on Wide Bay's tourism operators.[MORE]
Hopes falling Aust dollar to boost milk industry
The head of a south-east New South Wales dairy company says the falling Australian dollar will insulate the milk industry against the world financial shake-up.[MORE]
