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| | | The Australian market looks set to open higher, following gains on Wall Street overnight. At 0654 AEST on Friday, the June share price index futures contract was up 27 points at 5,858. In the US, the Nasdaq index smashed its 15-year-old record Thursday ... |
| | | | ... sector in earlier trade. "Positive sentiment rushed back into resource stocks this morning with spot iron ore surging overnight," Quay Equities head of trading Tristan K'Nell said. BHP Billiton was up 59 cents at $30.86, Rio Tinto was up 88.5 cents at ... |
| | | | ... Australia on Wednesday would be an important influence on that. "A few high profile US companies beat expectations as well overnight boosting sentiment, so combine that with crude oil and iron ore back in the winners circle it was always going to be ... |
| | | | ... recent gains and exercise caution due to concerns about Greece's debts. A fall in BHP Billiton's share price, despite an overnight rise in base metal prices, is a sign of profit taking after several days of gains, Patersons Securities economist Tony ... |
| | | | ... US$0.7782 after opening at around 0.7680 in yesterday's trade. It's currently fetching US$0.7792 after reaching US$0.7806 overnight (although this was partly aided by general US$ weakness last night). This makes the RBA May cut or not an interesting ... |
| | | | The Australian market looks set to open lower following losses on Wall Street overnight. At 0720 AEST on Friday, the June share price index futures contract was down six points at 5,938. US stocks finished a touch lower after a mixed round of company ... |
| | | | ... cents to $38.98, and Westpac had retreated 65 cents to $38.91. A recovery in iron ore prices to above $US50 a tonne overnight boosted the big miners. BHP Billiton added 49 cents to $29.61, Rio Tinto gained $1.11 to $56.07, and Fortescue Metals firmed ... |
| | | | ... put aside a weak lead from Wall Street and investors were focusing on the outlook for Australian interest rates and an overnight bounce in the iron ore price, HC Securities senior private client adviser Mark Lennox said. "I guess the target for Australian ... |
| | | | ... exchange from yesterday's sharp rebound a function of the re-strengthened greenback - the US dollar index gained by 1.2% overnight - or ramped expectations that the RBA will cut interest rates in May? For sure, it's a hundred percent certain. This is ... |
| | | | ... 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 ago. Iron ore for immediate delivery to the port of Tianjin in China fell to ... |
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