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Showing 621 - 630 of 638 results for "dollar-A"

RBA board meeting brings mixed forecasts

WITH AAP  |  TUESDAY, 1 JUL 2003
Economists believe the Reserve Bank of Australia (RBA) board is unlikely to cut interest rates when it meets today for the first time since its American counterpart cut US rates to 1 per cent. HSBC economist Anthony Thompson predicted the Reserve would ...

Afternoon market wrap: Shares jump in late trade

The All Ordinaries index surged higher in afternoon trade, after opening the day below 3,000. Shares were supported during the day by solid gains in Japanese markets, with the Bank of Japan's Tankan survey revealing a surprising improvement in Japanese ...

RBA must cut interest rates: ABL

On behalf of Australian exporters, Australian Business Ltd (ABL) has called for the Reserve Bank of Australia (RBA) to cut interest rates tomorrow. "A cash rate cut by the Reserve Bank would narrow the interest rate differential and ultimately put downward ...

Morning market wrap: US stocks gain amid signs of strengthening recovery

US stocks mounted broad-based gains overnight, amid further evidence growth is poised to strengthen in the second half. But US Treasuries continued to weaken as investors bet the cycle of interest rate cuts may be finished and as General Motors announced ...

Midday market wrap: Shares open lower

Australian shares opened slightly lower, following a mixed night in overseas markets. Global financial markets are awaiting the outcome of the FOMC's two-day meeting, with an announcement on US interest rates expected tonight. Property trusts continue ...

Morning market wrap: US stocks extend gains

US equity markets continued to push higher overnight, as consumer price data helped ease concerns over deflation. All major US indexes ended higher, following on from the strong gains Monday. The Dow Jones industrial average closed 4.1 points stronger ...

NAB Looking For Rate Cuts

The chorus backing local interest rate cuts continues to grow louder, with the National Australia Bank on Friday saying it expects the Reserve Bank to move following each of its next two board meetings. In its latest review of interest rate forecasts ...

Morning market wrap: US Stocks Slump Friday As Confidence Wanes

US stocks closed sharply lower Friday, following a survey showing consumer confidence soured in early June. The University of Michigan's index of consumer sentiment dropped to 87.2 in June from 92.1 in May, in contrast to forecasts of a modest rise. ...

Midday market wrap: Australian Shares Open Slightly Higher

Despite further gains overnight in major US indices, the Australian share market traded slightly lower early Friday. Late in the morning the All Ordinaries was at 3049.0, some 1.2 points lower than yesterday's close. The inability of the Australian ...

Afternoon Wrap: All Ordinaries Drifts Higher

The Australian share market continued to drift higher in afternoon trade, having opened strongly after gains overnight in US markets. The market was paced by a 1.8% gain in the energy sector, as oil price futures continued to spike higher on fears of ...