Tag: australian dollar

Les analystes avertissent que les investisseurs technologiques sont sur le point de faire un tour « à coups de poing blanc » alors que le Nasdaq enregistre sa pire semaine en près d'un an et que les noms technologiques australiens le suivent.

Energy stocks were dumped on the ASX and the market closed lower as rising Omicron infections hurt prospects for travel and consumption.

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Incitec Pivot will close its large Brisbane fertilizer plant in just over a year, citing gas utility costs while a study is conducted to convert it to a green ammonia plant.

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Inflation figures to be released and soaring gasoline prices are expected to give a boost for this quarter, according to Sky News economic reporter Edward Boyd.

Gasoline prices are around $ 1.70 a liter because of oil $ 84 a barrel has reached its highest level in years.

There are supply chain issues that are driving the prices of items up across the country.

Economists predict headline inflation will be in the next year will rise to 3.1 percent by the end of September.

The trimmed mean inflation, which offsets price increases and decreases, will be 1.8 percent.

The Reserve Bank pays attention to this number when it uses its cash Make rate decision.

The bank wants the trimmed mean to be between two and three percent, which they think may take some time.

Australian Pharmaceutical Industries (ASX: API) share price versus Sigma Healthcare Ltd (ASX: SIG) increased versus takeover offer from Wesfarmers Ltd (ASX: WES).

US stock markets battled into another negative week, with the Nasdaq and S&P 500 both down 0.9% while the Dow Jones down 0.5%.

Iron ore has extended its plunge below $ 100 a ton as China tightened industrial restrictions in some provinces, which will put further pressure on prices.

Fortescue Metals Group shares fell again in the Australian market after iron ore prices fell below $ 100 a ton for the first time in 14 months on late Friday.