Australian Stock Market Report

Next week is expected to be a quiet week for the economic news in Australia. A quarterly report containing forecasts for the mining sector, the March quarter financial reports and the May reading on job vacancies will be among the highlights.

“The Australian dollar buys US94c and is probably a touch higher than the Reserve Bank and the foreign facing business community would like. At the end of 2013, our dollar was buying US89.2c. At the end of 2012, the Australian dollar was buying US103.9c.” 

 Read more on http://au.ibtimes.com/articles/556477/20140620/australian-stock-market-report-afternoon-june-20.htm