ASX stumbles despite Wall Street tech rebound

The local share market has fallen at the start of the trading week despite a recovery across US "mega-cap" tech stocks, while the Australian dollar is trading near a two-month low. Want to know more on ASX stumbles despite Wall Street tech rebound click here go to market news source. Market news summary from Australia ABC Finance News. Author: David Chau

Audi May Stop Producing in Brazil if Government Fails to Pay Debt

RIO DE JANEIRO, BRAZIL - Audi Brazil's CEO Johannes Roscheck said on Thursday that the company will stop producing the A3 hatch in the country in December and will suspend all local production for approximately one year to assess investments in a new model. However, the resumption of local . . . To read the […] The post Audi May Stop Producing in Brazil if Government Fails to...

AUDUSD tests 100 day MA. New lows for the week.

100 day moving average for the AUDUSD is at 0.7005 The AUDUSD is trading to new session lows, new week lows and is testing its key 100 day moving average at 0.70053 level. The low for the day just reached 0.70052.  Want to know more on AUDUSD tests 100 day MA. New lows for the week. click here go to Forex news source. Forex news summary from ForexLive Forex News.Author:

WSJ says RBA will not cut the cash rate at the October meeting

Reserve Bank of Australia opinions flying about, these from earlier: A piece now from the (may be gated), a 'no cut'. In brief: Wall Street Journal Also this:Want to know more on WSJ says RBA will not cut the cash rate at the October meeting click here go to Forex news source. Forex news summary from ForexLive Forex News.Author:

CBA is forecasting the RBA on hold at the next meeting

Reserve Bank of Australia cash rate to remain unchanged at the October 6 meetings is CBA's call. CBA says the cash rate to remain at 0.25% (CBA also reiterate their expectation that negative rates in Australia re extraordinarily unlikely).Want to know more on CBA is forecasting the RBA on hold at the next meeting click here go to Forex news source. Forex news summary from ForexLive Forex News.Author:

AUDUSD moves closer to the key 100 day MA

Attempt to go higher fizzles out. The AUDUSD moved higher after the new home sales data handily beat expectations. However, sellers in stocks, and in the AUDUSD has returned. The rally fizzled out.Want to know more on AUDUSD moves closer to the key 100 day MA click here go to Forex news source. Forex news summary from ForexLive Forex News.Author:
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