Media Summary: Solid retail sales have increased the prospects of a sixth consecutive rate hike next week, as the Travellers heading abroad for the Christmas period could be paying more for their holidays. The The cost of last-minute gift-giving is going up as Australians head into Christmas. Daniel Ziffer explains in Finance Report.
Aussie Dollar At A Two Year Low - Detailed Analysis & Overview
Solid retail sales have increased the prospects of a sixth consecutive rate hike next week, as the Travellers heading abroad for the Christmas period could be paying more for their holidays. The The cost of last-minute gift-giving is going up as Australians head into Christmas. Daniel Ziffer explains in Finance Report. The Australian share market has seen a sea of red, closing 1.7 per cent Economist David Bassanese discusses how plunges in the S&P 500 and Nasdaq have “flown through” to the Five days of falls has lopped 7 percent off the All Ordinaries index which means the market has lost all of this
Signals from the Reserve Bank that there may be more help on the way helped the local market to a second week of gains. Sky News Business Reporter Edward Boyd says the