Consumer sentiment dips on virus case rise

Consumer sentiment dips on virus case rise

Consumer confidence has deteriorated in the last week on worried that social restrictions could return following the spike in coronavirus cases in Victoria. The ANZ-Roy Morgan Australian Consumer Confidence survey dropped 4.6 per cent to 93 points, the biggest weekly...
Consumer sentiment dips on virus case rise

Aussie tests 70 cents as greenback dips

The Australian dollar has hit a six-month high against its US counterpart after surprising improvement in US labour market data bolstered expectations for economic recovery, which reduced safe-harbour demand for the greenback. The Australian and New Zealand dollars...
Consumer sentiment dips on virus case rise

Gold dips to two-week low on recovery talk

Gold fell overnight to its lowest price in two weeks as the easing of coronavirus restrictions around the world fed optimism that the global economy could rebound. Spot gold eased 0.1 per cent to $US1,709.50 per ounce by 1707 GMT. The session low was 1,693.22, its...
Consumer sentiment dips on virus case rise

Wall St dips on US-China tensions

US stock indexes have moved in a flat-to-low range as simmering Sino-US tensions weighed on markets struggling to gauge the pace of economic recovery from the coronavirus. US President Donald Trump’s rhetoric against China’s plan for a national security...
Consumer sentiment dips on virus case rise

Wall St dips on risks linked to reopening

The S&P 500 has slipped in choppy trading as the risks of reopening the economy too soon overshadowed hopes of a jump-start to battered global markets, following an easing of virus-led business shutdowns. Among the 11 major sectors, financial stocks, which...