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UK cement shortage leads Hanson to reduce bagged cement allocations

Share: Australian data showed signs of further improvement at the beginning of Q2. The aussie advanced on sentiment, following the lead of US indexes. AUD/USD advanced within range, upside limited by 0.7820. The AUD/USD pair keeps seesawing between gains and losses, ending Wednesday with modest gains in the 0.7740 price zone. Australian macroeconomic figures released at the beginning of the day were mostly encouraging. The AIG Performance of Construction Index printed at 59.1 in April, below the previous 61.8. The Commonwealth Bank Services PMI for the same month printed at 58.8, while March ...

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Asian Markets Mixed Amid Thin Holiday Trading CANBERA (dpa-AFX) - Asian stock markets are mixed on Wednesday in thin holiday trading, following the mixed cues overnight from Wall Street, as traders are refraining from making major moves amid the continued surge in coronavirus cases in most of the markets in the region, particularly in India and Japan. Major markets in China, Japan and South Korea are also closed for holidays. Asian markets closed mostly higher on Tuesday. Additional selling pressure was generated in reaction to comments from US Treasury Secretary Janet Yellen, who suggested i...

AUD/USD tracks mildly bid S&P 500 Futures to refresh intraday top above 0.7700NEWS | 5/5/2021 12:51:23 AM GMT | By Anil Panchal AUD/USD consolidates the previous day’s heavy losses that probed mid-April lows. Market sentiment recovers amid quiet macros, off in key Asian bourses following mixed updates from US. Covid woes battle vaccine developments, mixed second-tier Aussie data. AUD/USD refreshes intraday high to 0.7723, up 0.18% on the day, amid early Wednesday. In doing so, the Aussie pair benefits from the recent run-up in S&P 500 Futures, actual...