Articles

  • 1 day ago | ca.marketscreener.com | Wayne Cole

    SYDNEY (Reuters) - Australian wages picked up in the March quarter led by government pay rises, data showed on Wednesday, while subdued growth in the private sector suggested a tight labour market was still no bar to a cut in interest rates. Investors remain confident the Reserve Bank of Australia will cut by a quarter point to 3.85% at its May 20 meeting, due to cooling inflation at home and global uncertainty caused by U.S. tariff policies.

  • 3 days ago | perthnow.com.au | Wayne Cole

    Wall Street stock futures have climbed and the dollar has firmed against safe-haven peers as signs of progress in US-China trade talks boost hopes a global recession may be avoided, though details of any deal are still to come. Geopolitical tensions also looked to be easing as a fragile ceasefire held between India and Pakistan, while Ukrainian President Volodymyr Zelenskiy said he was ready to meet Vladimir Putin in Turkey on Thursday for talks.

  • 3 days ago | thesenior.com.au | Wayne Cole

    South Korean stocks gained 0.4 per cent and Japan's Nikkei edged up 0.3 per cent in early trading. Photo: AP PHOTOWall Street stock futures have climbed and the dollar has firmed against safe-haven peers as signs of progress in US-China trade talks boost hopes a global recession may be avoided, though details of any deal are still to come.

  • 1 week ago | gurutrade.com | Wayne Cole |Sonali Paul |Mark Potter

    Dollar slips as Taiwan dollar jumps to 2-year high Talk Asian currencies may rise to win US trade concessions Fed seen on hold this week, less chance of June cut Soft Swiss inflation supports bets on a return to sub zero rates SYDNEY/LONDON, May 5 (Reuters) - The dollar slipped anew on Monday as a meteoric surge in its Taiwanese counterpart stoked speculation some Asian countries were prepared to engineer revaluations of their currencies to win U.S. trade concessions.

  • 1 week ago | marketscreener.com | Wayne Cole |Alun John

    SYDNEY/LONDON (Reuters) -The U.S. dollar slipped again on Monday as a meteoric surge in its Taiwanese counterpart stoked speculation some Asian countries were prepared to engineer revaluations of their currencies to win U.S. trade concessions. Asia-Pacific currencies were the major developed-market beneficiaries of the fallout from that, and the dollar was down 0.7% on the Japanese yen at 143.94, and the Australian dollar rose a similar amount to a five-month top of $0.6493.

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