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Australia's lithium miners bank on brighter times ahead as prices soar


EnergyAustralia s lithium miners bank on brighter times ahead as prices soar
Reuters
3 minutes read
Lithium-ion automotive batteries are seen at SVOLT Energy Technology, in Changzhou, Jiangsu province, China November 27, 2019. REUTERS/Aly Song/File Photo
Australian-listed lithium miners are preparing for better times ahead, filings showed this week, as they outlined expansion plans in the wake of soaring prices for the raw material used in electric vehicle batteries.
Mineral Resources Ltd (MIN.AX), Orocobre Ltd (ORE.AX) and Galaxy Resources (GXY.AX) filed reports that pointed to a rebound in lithium demand, through better sales and building out new projects, flagging upbeat earnings as the reporting season begins next week. ....

Thomson Reuters Trust Principles , Albermarle Corp , Mineral Resources Ltd , Orocobre Ltd , Resources Ltd , Galaxy Resources , Western Australia , Sal De Vida , Thomson Reuters Trust , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , தாது வளங்கள் லிமிடெட் , வளங்கள் லிமிடெட் , விண்மீன் வளங்கள் , மேற்கு ஆஸ்திரேலியா , சால் டி விடா , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ,

Asian Open: USD, Wall Street and yields lower, AU Employment next


Forex: Dollar down, antipodeans up
AUD and NZD were hands down the strongest currencies, with both majors rising over 1%, whilst CHF and USD were the weakest. The New Zealand dollar dominated the leader board, taking top spot against JPY, CAD, USD, CHF, EUR and GBP. The US dollar index (DXY) fell to a one-month low and our initial target around the 91.30 lows remains intact. EUR/USD is just 20 pips below the 1.2000 barrier after closing to a one-month high.
The Australian dollar was mostly higher against its peers (barring NZD) and is in a firm position ahead of today’s employment data. ....

New Zealand , United Kingdom , Credit Corp Group Ltd , Monadelphous Group Ltd , Resolute Mining Ltd , Mineral Resources Ltd , Perseus Mining Ltd , International Energy Agency , Information Technology , Webjet Ltd , Hang Seng , Dow Jones Industrial , Consumer Staples , Corp Group Ltd , புதியது ஜீலாந்து , ஒன்றுபட்டது கிஂக்டம் , கடன் கார்ப் குழு லிமிடெட் , உறுதியானது சுரங்க லிமிடெட் , தாது வளங்கள் லிமிடெட் , தகவல் தொழில்நுட்பம் , செயலிழக்க செங் , டோ ஜோன்ஸ் தொழில்துறை , நுகர்வோர் ஸ்டேபிள்ஸ் , கார்ப் குழு லிமிடெட் ,

Australia shares fall amid broad-based losses, mixed Wall St finish


By Reuters Staff
2 Min Read
April 15 (Reuters) - Australian shares fell on Thursday, as losses across the board and a mixed finish on Wall Street overnight weighed on the benchmark index.
The S&P/ASX 200 index fell 0.33% to 7,000.2 in early trade, after having closed above 7,000-mark on Wednesday for the first time since late-February last year.
Wall Street’s main indexes closed mixed overnight, with the Nasdaq Composite and S&P 500 seeing a fall. The Dow Jones Industrial Average rose on bumper bank earnings.
In other markets, Nikkei futures were up 0.32% and S&P 500 E-minis futures added 0.18%.
Australian tech shares fell 1.49%, led by losses in Nearmap Ltd, down 3.1%, and Xero Ltd that shed 2.83%. ....

New South Wales , New Zealand , Savyata Mishra , Co Ltd , Credit Corp Group Ltd , Thomson Reuters Trust Principles , Mineral Resources Ltd , Sandfire Resources Ltd , Fisher Paykel Healthcare Corporation , Nearmap Ltd , Regis Resources Ltd , Ampol Ltd , Beach Energy Ltd , Xero Ltd , Contact Energy , Evolution Mining Ltd , Wall Street , Nasdaq Composite , Dow Jones Industrial Average , Resources Ltd , Whitehaven Coal , Zip Co Ltd , Corp Group Ltd , Paykel Healthcare , Thomson Reuters Trust , Stocks Midday ,