THE Australian dollar has gained
almost one US cent overnight on the back of disappointing retail and
jobs figures out of the US.
At 0630 AEDT on Friday, the local currency was trading at 77.45 US cents, up from 76.51 cents on Thursday.
And the Australian share market looks set to open higher amid a ceasefire in Ukraine and hopes for a deal over Greece’s bailout. At 0645 AEDT on Friday, the March share price index futures contract was up 29 points at 5,746.
ELSEWHERE:
KIEV — A new road map aimed at ending a 10-month war between Ukraine and pro-Moscow rebels has been agreed in Belarus but scepticism remains as leaders warn that much is needed to be done before peace is achieved.
BRUSSELS —
Greek Prime Minister Alexis Tsipras and Eurogroup head Jeroen
Dijsselbloem have agreed to renew efforts to resolve a bitter row over
extending Greece’s current bailout after talks overnight collapsed
acrimoniously.
FRANKFURT — The European Central Bank has increased the volume of emergency liquidity available to Greek banks to 65 billion euros ($A95.26 billion), bank sources say.
WASHINGTON — New claims for US unemployment insurance jumped last week to back above the 300,000 line, the Labor Department reports.
STOCKHOLM — The Swedish central bank has sent its base interest rate into unprecedented negative territory in a radical move to stop stagnant price levels from spiralling into deflation.
ZURICH — Swiss banking giant Credit Suisse has posted a better-than-expected profit for 2014 but also announced cost-savings measures to compensate for the surge in the Swiss franc.
PARIS — French oil giant Total has announced a drastic cut in costs and investments after its net profit plunged in 2014 due to crude prices falling by more than 50 per cent since June.
 |
| The Swedish central bank has sent its base interest rate into unprecedented negative territory in a radical move to stop stagnant price levels from spiralling into deflation. |
At 0630 AEDT on Friday, the local currency was trading at 77.45 US cents, up from 76.51 cents on Thursday.
And the Australian share market looks set to open higher amid a ceasefire in Ukraine and hopes for a deal over Greece’s bailout. At 0645 AEDT on Friday, the March share price index futures contract was up 29 points at 5,746.
ELSEWHERE:
KIEV — A new road map aimed at ending a 10-month war between Ukraine and pro-Moscow rebels has been agreed in Belarus but scepticism remains as leaders warn that much is needed to be done before peace is achieved.
FRANKFURT — The European Central Bank has increased the volume of emergency liquidity available to Greek banks to 65 billion euros ($A95.26 billion), bank sources say.
WASHINGTON — New claims for US unemployment insurance jumped last week to back above the 300,000 line, the Labor Department reports.
STOCKHOLM — The Swedish central bank has sent its base interest rate into unprecedented negative territory in a radical move to stop stagnant price levels from spiralling into deflation.
ZURICH — Swiss banking giant Credit Suisse has posted a better-than-expected profit for 2014 but also announced cost-savings measures to compensate for the surge in the Swiss franc.
PARIS — French oil giant Total has announced a drastic cut in costs and investments after its net profit plunged in 2014 due to crude prices falling by more than 50 per cent since June.
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