by dellons | Jun 30, 2020 | Business News
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...
by dellons | Jun 8, 2020 | Business News
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...
by dellons | May 27, 2020 | Business News
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...
by dellons | May 22, 2020 | Business News
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...
by dellons | May 12, 2020 | Business News
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...
