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The local market rose after minutes from US central bank indicated that US interest rates could be on hold until next year. The All Ords raised index, put on 1.3 percent, the ASX 200 rose across all sectors1. Beach Energy surged on a rise of the price of oils. Macquarie jump 4% after completing a 400 million dollars capital raising. Looking at commodities. Spot gold moving toward 1150 US dollars an ounce. WTI crude at nearly 50 US dollars a barrel, and the Australian dollar has increased against US dollars to around 72.8 US cents.
Mining giant Glincore plans to cut more than 500 jobs from its mines in Australia as it reduces its global Zinc2 production by one third. More than 400 staffs will lose their jobs at Glincore mines in Queensland, up to 69 jobs will go from the M river mine in the northern territory. Workers have been offered voluntary redudancies and some may be redeployed.
And the banking3 regulators crack down on investor4 property loans steady to kickin with an increase in mortgages taken out by owner occupiers. Housing data from the bureau statistic5 show that value of investor loans drop by 0.4% in August seasonally6 adjusted, the value of owner occupier mortgages jumped just over 6%. Overall, the number of home loans to owner occupiers rose nearly 3%.
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1 sectors | |
n.部门( sector的名词复数 );领域;防御地区;扇形 | |
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2 zinc | |
n.锌;vt.在...上镀锌 | |
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3 banking | |
n.银行业,银行学,金融业 | |
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4 investor | |
n.投资者,投资人 | |
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5 statistic | |
n.统计量;adj.统计的,统计学的 | |
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6 seasonally | |
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