THE Australian dollar has bounced back above 78 US cents amid a rebound in oil prices and global share market gains.
At 0630 AEDT on Friday, the local currency was trading at 78.08 US cents, up from 77.72 cents on Thursday.
And the Australian share market looks set to open higher following a strong lead from Wall Street on the back of rebounding oil prices.
At 0645 AEDT on Friday, the March share price index futures contract was up 30 points at 5,785.
ELSEWHERE:
BRUSSELS — The European Union has raised this year’s growth forecast for the struggling eurozone, but confirmed that deflation would take hold, caused by cheap world oil prices and a weaker euro.
FRANKFURT — The European Central Bank has given the green light to make up to 60 billion euros ($A88.1 billion) in emergency liquidity available to Greek banks, a source close to a national central bank says.
BERLIN — German Finance Minister Wolfgang Schaeuble and his
Greek counterpart Yanis Varoufakis have acknowledged deep divisions over
how to solve Greece’s debt problems.
LONDON — The Bank of England has voted to keep interest rates at a record-low 0.50 per cent, where they have stood for nearly six years, amid fears of deflation and slowing growth.
WASHINGTON — The US trade deficit jumped in December as the strong dollar helped to boost imports sharply.
LOS ANGELES — Amy Pascal, the Sony executive whose emails were leaked during the North Korean movie hacking storm, is stepping down.
SINGAPORE — Singapore says it will introduce a new aircraft tracking system that will ensure complete surveillance of its airspace, amid global efforts to prevent a repeat of Flight MH370’s inexplicable disappearance.
NEW YORK — Twitter has reached a deal with Google to make its short messages more visible on the internet, Bloomberg says.
At 0630 AEDT on Friday, the local currency was trading at 78.08 US cents, up from 77.72 cents on Thursday.
And the Australian share market looks set to open higher following a strong lead from Wall Street on the back of rebounding oil prices.
At 0645 AEDT on Friday, the March share price index futures contract was up 30 points at 5,785.
ELSEWHERE:
BRUSSELS — The European Union has raised this year’s growth forecast for the struggling eurozone, but confirmed that deflation would take hold, caused by cheap world oil prices and a weaker euro.
FRANKFURT — The European Central Bank has given the green light to make up to 60 billion euros ($A88.1 billion) in emergency liquidity available to Greek banks, a source close to a national central bank says.
LONDON — The Bank of England has voted to keep interest rates at a record-low 0.50 per cent, where they have stood for nearly six years, amid fears of deflation and slowing growth.
WASHINGTON — The US trade deficit jumped in December as the strong dollar helped to boost imports sharply.
LOS ANGELES — Amy Pascal, the Sony executive whose emails were leaked during the North Korean movie hacking storm, is stepping down.
SINGAPORE — Singapore says it will introduce a new aircraft tracking system that will ensure complete surveillance of its airspace, amid global efforts to prevent a repeat of Flight MH370’s inexplicable disappearance.
NEW YORK — Twitter has reached a deal with Google to make its short messages more visible on the internet, Bloomberg says.
No comments:
Post a Comment