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Markets higher as Fed minutes show easing likely: Afternoon market insights

The Australian sharemarket was slightly higher today, after minutes from the American Federal Reserve showed the central bank seriously considered quantitative easing in August. At 2.15 pm, the ASX200 was up 0.16% to 4348.0, while the broader All Ordinaries index also added 0.16% to 4410.5. The Australian dollar has strongly rallied, buying $1.05185.
Myriam Robin
Myriam Robin
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The Australian sharemarket was slightly higher today, after minutes from the American Federal Reserve showed the central bank seriously considered quantitative easing in August.

At 2.15 pm, the ASX200 was up 0.16% to 4348.0, while the broader All Ordinaries index also added 0.16% to 4410.5.

The Australian dollar has strongly rallied, buying $1.05185.

About the author

Myriam Robin

Myriam Robin is a reporter for SmartCompany and its sister site LeadingCompany. She has degrees in economics, international studies and journalism. She likes writing about businesses taking risks and doing new things.

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