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| | | ... firmer, with financial markets widely expecting a cut in the cash rate to a new record low of 2%. All 20 economists surveyed by AAP expect there'll be a rate cut in May if the RBA doesn't move on Tuesday. Among the major banks, Commonwealth Bank climbed ... |
| | | | The sharemarket has opened higher on expectations of an interest rate cut after the price of Australia's largest export, iron ore, fell to fresh lows. The iron ore price dropped below $US50 a tonne overnight, extending a run of losses that began a week ... |
| | | | Australian stocks have extended their losses on heavy drops in commodity prices and overnight falls on Wall Street. Crude prices eased and iron ore fell to its lowest price since tracking began in 2008. The market opened with only modest losses, but ... |
| | | | Expectations of a Chinese interest rate cut have boosted the Australian share market, with the big miners making the strongest gains. Comments from People's Bank of China governor Zhou Xiaochuan suggesting further monetary policy easing boosted Wall ... |
| | | | Weaker oil and iron ore prices and plans for a bank deposit tax are contributing to heavy falls on the share market. Energy stocks are the the biggest losers after crude oil prices sunk, reversing several days of gains following the Saudi-led air assault ... |
| | | | ... rocket under this market... who knows where it all ends and people are trying to ride it as long as they can," Mr Reynolds told AAP. Consumer discretionary stocks are the top performers, with retailer Harvey Norman nine cents, or 2.1 per cent, higher ... |
| | | | The Australian market looks set to open flat after a fluctuating night on Wall Street where a rebound in tech stocks offset a transport industry, including airlines, slump. At 0800 AEDT on Friday, the June share price index futures contract was unchanged ... |
| | | | The local share market is in negative territory with pain from the banks and mining giant BHP Billiton. "There's a big sell-off - particularly in the banks," IG Markets strategist Evan Lucas said. He said heavy losses in US markets overnight was driving ... |
| | | | The Australian market looks set to open lower after Wall Street fell sharply as a selloff in semiconductors, fed by a downgrade on suppliers, spread to the broader market. At 0805 AEDT on Thursday, the June share price index futures contract was down ... |
| | | | ... towards 6000 is probably going to be unlikely this week and maybe even next week as we head into Easter as well," he told AAP. There is some support for high dividend yield plays including the big banks and Telstra. Commonwealth Bank had lifted 49 cents ... |
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