AUD/USD: base metals and soft equities weigh on Aussie
AUD/USD Current price: 0.7306
- Receding upward momentum in equities and lower base metals’ prices led AUD lower.
- Positive US data can revive demand for high-yielding assets.
AUD/USD Current price: 0.7306
INDIA is expected to have the world’s greatest demand for oil by 2024, replacing Chinas as the biggest global oil driver.
Floods devastate Kerala as threat of drought hangs over other parts of India, and wildfires burn in British Columbia
Controversial effigy of Turkish PM was part of Wiesbaden art Biennale
The German city of Wiesbaden has removed a large gold statue of Turkish president Recep Tayyip Erdoğan after it sparked clashes between his supporters and opponents.
NEW YORK, N.Y. – As small business owners in Hawaii and California clean up following Hurricane Lane and wildfires, they’ll find there’s no one formula for recovery.
The same disaster can devastate businesses in divergent ways — a hurricane might tear the roof off one restaurant, flood another and leave a third with little damage.
The U.S. economy grew at a strong 4.2 per cent annual rate in the April-June quarter, the best showing in nearly four years, as growth stayed on track to produce its strongest full-year gain in more than a decade. Strength in business investment offset slightly slower consumer spending.
Technology companies lead the way as US indexes shake off a slow start and rise for the fourth day in a row.
NEW YORK (AP) — U.S. stocks climbed Wednesday, driven by gains for big technology companies and Amazon. The S&P 500 and Nasdaq finished at record highs for the fourth day in a row.
Oil hit a one-month high as energy stocks helped lift Canada’s main stock index slightly and investors watched for any positive signs from NAFTA negotiations.
While the bull run isn’t over yet, investors are making moves—or considering moves—in their equity positions.
“We decided it was best to take one step in becoming a bit more conservative at this point in time,” says a weekly Richardson GMP market insight report.
This stock is on track for its biggest-ever one-day gain
Shares of discount footwear and accessories retailer DSW Inc. soared more than 20% Tuesday to put them on track for their biggest-ever one-day gain, after the company crushed earnings estimates for the second quarter and raised its full-year guidance.