Today's ASX news
The Australian Dollar (AUD) ($A) Is Falling Hard Against The US Dollar (USD)
The Australian Dollar (AUD) is falling against the value of the US Dollar (USD) following interest rate changes in the USA.
June 15, 2018
Big money is not in the buying or selling, but in the waiting.
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in the medium-term.
The Australian Dollar (AUD) is falling against the value of the US Dollar (USD) following interest rate changes in the USA.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.17% at lunch.
The US Federal Reserve increased the US interest rate by 0.25%, marking the second increase in 2018.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is down by 0.51% at lunch.
APA Group (ASX:APA) has received a large takeover offer of around $13 billion from CK Infrastructure Holdings Limited.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.14% at lunch.
The Bubs Australia Ltd (ASX:BUB) share price is currently up 4.37% after giving an ASX release about a CFDA registration and an agreement with Alibaba Group Holding Ltd (NYSE:BABA).
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.7% at lunch.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is up by 0.7% at lunch.
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