Australian Dollar/US Dollar FX Spot Rate
Australia’s consumer prices spike in July as electricity costs surge
On a rainy winter night at George Street, two trams stopped and a person was walking across. The retail street was brightly illuminated. Wenyi Liu | Moment | Getty Images Australian consumer prices jumped by far more than forecast in July as electricity prices spiked due to the timing of government rebates, which has injected more volatility into this year’s series. The Australian […]
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Asia-Pacific markets set to open mixed as investors bet on Fed rate cut
CNBC Pro: Buy or avoid India’s IT stocks after recent job cuts? 3 pros share their take Here are the opening calls for the day Good morning from Singapore. Investors are awaiting the release of a slew of employment-related data from Australia. Economists polled by Reuters expect an increase of 25,000 employed individuals in July, […]
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Australia cuts interest rates to more than 2-year lows, downgrades economic growth forecast
Australia’s central bank said on Wednesday that monetary policy was restrictive with the current cash rate causing financial pain for many households, but it could not rule out further tightening if necessary to tame inflation. Pavlo Gonchar | Lightrocket | Getty Images Australia’s central bank cut its benchmark lending rates by 25 basis points on […]
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Asia-Pacific markets set for mixed open ahead of RBA rate decision, key U.S. inflation data
U.S. futures mostly move up in early Asia hours Here are the opening calls for the day Good morning from Singapore. The U.S.-China trade truce extension overnight has allowed the world’s largest economies more room to negotiate a deal. Investors, meanwhile, await the Australian central bank’s rate decision. The Reserve Bank of Australia is expected […]
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Asia-Pacific markets trade mixed as two key Wall Street benchmarks fall
Asia-Pacific markets start the day mixed Asia-Pacific markets opened mixed Friday. As of 8:12 a.m. Singapore time (8:12 p.m. ET Thursday), Japan’s Nikkei 225 benchmark rose 1.18% while the broader Topix index added 0.87%. In South Korea, the Kospi index fell 0.13% while the small-cap Kosdaq increased by 0.65%. Over in Australia, the S&P/ASX 200 benchmark was down […]
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Asia markets set to open lower as investors weigh Trump’s vow on fresh chip tariffs
U.S. equity futures ticked up in early Asia hours Here are the opening calls for the day Good morning from Singapore. Investors will be keeping a close watch on chip stocks following U.S. President Donald Trump’s vow to impose 100% tariffs on imported semiconductors and chips, unless they are made by companies “building in the […]
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Asia-Pacific stocks set to slip as investors weigh tariffs, OPEC+ output hike
Investors will be keeping a watch on oil prices after OPEC+ agreed to raise production to 547,000 barrels per day in September. Source
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Asia-Pacific markets fall after Trump modifies tariff rates
Asia-Pacific markets start the day lower Asia-Pacific markets started the day lower Friday. Japan’s Nikkei 225 benchmark fell 0.65%, while the broader Topix index was flat as of 8:15 a.m. Singapore time (8:15 p.m. ET Thursday). In South Korea, the Kospi index dropped 1.73%, while the small-cap Kosdaq declined by 2.1%. Over in Australia, the S&P/ASX 200 benchmark […]
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Asia-Pacific markets trade mixed as investors assess U.S.’ 15% tariffs on South Korea; await Bank of Japan’s rate decision
Asia-Pacific markets start the day mixed Asia-Pacific markets opened mixed Thursday. Japan’s Nikkei 225 benchmark moved up 0.21% while the broader Topix index ticked up 0.28%, as of 8.10 a.m. Singapore time (8.10 p.m. ET Wednesday). In South Korea, the Kospi index fell 0.14% while the small-cap Kosdaq was flat. Over in Australia, the S&P/ASX 200 benchmark fell […]
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Asia-Pacific markets poised for mixed open as traders await details of U.S-China talks
Here are the opening calls for the day Good morning from Singapore. Investors will be keeping a close watch on Chinese markets following reports that the country will resume trade talks with the U.S. in Stockholm on Monday to discuss longstanding economic disputes. The talks will be led by U.S. Treasury Secretary Scott Bessent and Chinese […]
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