Australian shares gain on fresh Fed rate-cut hopes, on track for best week in 5 marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
Australia shares tick higher as investors assess c.bank policy stance marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
Australian shares rose on Tuesday led
by mining and energy stocks helped by firmer commodity prices,
while investors eyed the central bank s monetary policy
decision, due later in the day. .
Australian shares rose on Monday after
softer-than-expected U.S. jobs data revived hopes of interest
rate cuts this year, while investors awaited the Australian
central bank s monetary policy decision.
(Reuters) -Australia's Westpac Banking Corp reported a 16% drop in its first-half net profit on Monday as intense lending competition and higher costs squeezed its margins. It also announced an increase of A$1 billion ($660.90 million) to an existing s.