Stay updated with breaking news from Westpac. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Australian consumer sentiment remains deeply pessimistic, with the Westpac Melbourne Institute consumer sentiment index dipping by 0.3 per cent to 82.2 in May this year from...
Westpac Banking Corp (ASX: WBC) shares could be overvalued according to analysts at Goldman Sachs. Here's why it downgraded the bank...
The dollar headed for its largest weekly rise in a month and a half on Friday, helped by surprisingly strong U.S. economic indicators and a hawkish tone in Federal Reserve minutes. The... -May 23, 2024 at 08:41 pm EDT - MarketScreener
The dollar is set for its largest weekly rise in six weeks, buoyed by strong U.S. economic data and a hawkish stance from the Federal Reserve. This has pressured other currencies such as the Australian dollar, New Zealand dollar, and yen. Investors await key economic reports and speeches from central bank policymakers.
Extending the losses in the previous three sessions, the Australian stock market is significantly lower on Friday, following the broadly negative cues from Wall Street overnight.