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Australian shares hit near 3-mth high on materials, weaker currency May 3 (Reuters) - Australian shares rose to a near three-month high on Thursday, tracking gains in Europe, as investors cheered a weaker local currency and firmer commodities prices boosted materials. The S&P/ASX 200 index rose about 1 percent, or 57.6 points, to 6,107.8 by 0319 GMT.
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Currency Manipulation: Not a Concern for US-China Trade For all of the talk of a trade war between the United States and China, there is one issue that should be off the table, according to one expert, when it comes to trade relations between the two countries: currency manipulation. President Donald Trump uttered that phrase on numerous occasions when he ...
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Australian shares hit 3-mth high on weaker local currency, materials; NZ up Demand for local stocks was partly underpinned by a weaker Australia dollar, which hit multi-month lows on Wednesday as its U.S. counterpart rode higher against most major currencies amid bets interest rates will rise at a faster pace in the United States. Materials were the biggest gainers on the ...
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Australian shares hit 3-month high on weaker local currency, materials; NZ up [BENGALURU] Australian shares rose to a three-month high on Thursday as investors cheered a weaker local currency, while firmer commodities prices boosted materials. The S&P/ASX 200 index climbed 0.8 per cent or 48.10 points to 6,098.3 at the close of trade, adding to the 0.6 per cent gain on ...
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