The Australian share market has made solid gains ahead of the four-day Christmas break thanks to a surging mining and energy stocks. The market has now risen for the last seven days in a row. It's the longest winning streak1 since January. In a shorten day of trade, the All Ordinary Index has jumped 1.2%. The ASX200 Index added 1.3%. The major miners BHP Billiton and Rio Tinto were the star performers after a rebounding2 commodity prices. Energy producer Woodside also had a strong day. The banks did well and Telstra edged up. Across the region, it's a mixed session. Japan's Nikkei is trading fairly flat. US stocks are being bouncing back from a two-day steep fall at the end of last week after the US Federal Reserve raised interest rates for the first time in almost a decade. The Dow Jones jumped more than 1%.
Checking commodities. And the spot gold prices are pushing up in the Asian session. West Texas Crude Oil prices continue to push higher thanks to an unexpected drop in US oil
inventories3. And the Australian dollar is holding relative strength against the greenback.
A leading credit ratings agency says that Australia's banks could face downdegrades if property prices increase anywhere nearest rapidly in 2016 as they did this year. Fitch rating says overseas
investors4' biggest concern with Australian banks is around their large housing market exposures and historical high real estate values.
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收听单词发音
1
streak
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n.条理,斑纹,倾向,少许,痕迹;v.加条纹,变成条纹,奔驰,快速移动 |
参考例句: |
- The Indians used to streak their faces with paint.印第安人过去常用颜料在脸上涂条纹。
- Why did you streak the tree?你为什么在树上刻条纹?
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2
rebounding
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蹦跳运动 |
参考例句: |
- The strength of negative temperature concrete is tested with supersonic-rebounding method. 本文将超声回弹综合法用于负温混凝土强度检测。
- The fundamental of basketball includes shooting, passing and catching, rebounding, etc. 篮球运动中最基本的东西包括投篮,传接球,篮板球等。
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3
inventories
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n.总结( inventory的名词复数 );细账;存货清单(或财产目录)的编制 |
参考例句: |
- In other cases, such as inventories, inputs and outputs are both continuous. 在另一些情况下,比如存货,其投入和产出都是持续不断的。
- The store must clear its winter inventories by April 1st. 该店必须在4月1日前售清冬季存货。
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4
investors
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n.投资者,出资者( investor的名词复数 ) |
参考例句: |
- a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
- a cash bonanza for investors 投资者的赚钱机会
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