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

Oil lower on rise in US virus cases

Oil prices settled lower on Friday as new coronavirus cases spiked in the United States, and on growing concerns about rising US output ticking up while crude stockpiles sat at record highs. Brent crude futures settled down 3 US cents at $US40.91, falling 1 per cent...
Consumer sentiment dips on virus case rise

Shares to rise early after US banks’ boost

Gains are likely to start the trading day on the share market after US regulators eased restrictions on banks’ complex trading and investment portfolios, helping investor enthusiasm. The Australian SPI 200 futures contract was up 70.0 points, or 1.21 per cent,...
Consumer sentiment dips on virus case rise

Wall St drops on sharp rise in virus cases

US stocks have slipped following Wall Street’s worst day in two weeks, as investors were unnerved by an alarming rise in new coronavirus cases and an elevated level of weekly jobless claims number. Data showed about 1.48 million people in the US signed up for...
Consumer sentiment dips on virus case rise

Shares to rise early on US economy data

Investors are likely to see slight gains early on the Australian share market after improving economic data helped Wall Street edge higher. The Australian SPI 200 futures contract was higher by 4.0 points, or 0.07 per cent, to 5,929.0 at 0700 AEST on Wednesday. In the...