THE Australian dollar has shed almost one US cent overnight after a fall in oil prices strengthened the greenback.
At 0630 AEDT on Thursday, the local currency was trading at 77.63 US cents, down from 78.40 cents on Wednesday.
And the Australian share market looks set to open flat, following a weaker lead from Wall Street with US stocks fluctuating as oil prices again fall.
At 0645 AEDT on Thursday, the March share price index futures contract was up two points at 5,728.
ELSEWHERE:
ATHENS — The new Greek government has held its first bond auction since taking office, raising 812.5 million euros ($A1.2 billion) in six-month treasury bills on a higher rate than last month.
FRANKFURT — Greek leaders have pressed their case for debt relief in Brussels and Frankfurt, saying they are optimistic about a deal but need urgent help from the European Central Bank to “stay afloat”.
BEIJING — China’s central bank says it will cut the level of
funds that banks must hold in reserve by 0.50 percentage points, as the
world’s second-largest economy falters.
WASHINGTON — US private-sector hiring slipped to a modest level in January after a strong final quarter of 2014, payroll company ADP says.
TOKYO — Toyota has raised its earnings forecast for the year to March, saying it expects to book a record $US18.1 billion ($A23.21 billion) annual net profit because of the weak yen and cost cuts.
LONDON — European pay-TV broadcaster Sky has posted soaring first-half profits, buoyed by keen demand in Austria, Britain and Germany, in the first results to include Sky Italia and Sky Deutschland.
RIO DE JANEIRO — Embattled Brazilian oil giant Petrobras says the company’s CEO Graca Foster and five executive directors have stepped down.
And the Australian share market looks set to open flat, following a weaker lead from Wall Street with US stocks fluctuating as oil prices again fall.
At 0645 AEDT on Thursday, the March share price index futures contract was up two points at 5,728.
ELSEWHERE:
ATHENS — The new Greek government has held its first bond auction since taking office, raising 812.5 million euros ($A1.2 billion) in six-month treasury bills on a higher rate than last month.
FRANKFURT — Greek leaders have pressed their case for debt relief in Brussels and Frankfurt, saying they are optimistic about a deal but need urgent help from the European Central Bank to “stay afloat”.
WASHINGTON — US private-sector hiring slipped to a modest level in January after a strong final quarter of 2014, payroll company ADP says.
TOKYO — Toyota has raised its earnings forecast for the year to March, saying it expects to book a record $US18.1 billion ($A23.21 billion) annual net profit because of the weak yen and cost cuts.
LONDON — European pay-TV broadcaster Sky has posted soaring first-half profits, buoyed by keen demand in Austria, Britain and Germany, in the first results to include Sky Italia and Sky Deutschland.
RIO DE JANEIRO — Embattled Brazilian oil giant Petrobras says the company’s CEO Graca Foster and five executive directors have stepped down.
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