Biggest oil price spike since Gulf War

Stephen Cauchi Lower-than-expected US oil production and rumours of OPEC cutbacks are behind the biggest oil price surge in 25 years.

ASX set for strong recovery, Deutsche's top stock picks include Harvey Norman

Stephen Cauchi History suggests the ASX 200 index is on track for gains of about 10 per cent over the next six to 12 months – as long as Australia avoids a recession, Deutsche Bank says.

ASX suffers worst month since global financial crisis

Stephen Cauchi The benchmark S&P;/ASX 200 Index on Monday shed 1.1 per cent to 5207.0, while the broader All Ordinaries Index fell 1 per cent to 5222.1.

ASX ends rollercoaster week in the green

Stephen Cauchi It was a week that was shaping to be the worst since the dark days of the global financial crisis, but the Australian sharemarket finished in positive territory after recording four straight days of...

ASX recovers early week losses

Stephen Cauchi Investors looked to put the heavy losses of early this week behind them on Thursday, with strong gains in Australian shares after Wall Street recorded its biggest rally since 2011.

ASX struggles higher after Chinese shares rout ends

Stephen Cauchi Australian shares endured another volatile day of trading but ultimately ended the day higher.

ASX rallies as bargain hunters jump in

Stephen Cauchi Investors enjoyed a spectacular bounce on the Australian sharemarket on Tuesday, with the local index initially plunging below 5000 before powering 2.7 per cent higher by the close.

ASX: Chinese concern turns to panic and sparks region rout

Philip Wen and Stephen Cauchi Deepening concerns over the health of the Chinese economy wreaked havoc on the country's sharemarkets on Monday, leading a deep, region-wide sell-off and heaping pressure on leaders in Beijing.

ASX: Bloody Monday as $60 billion torched on sharemarket

Vanessa Desloires and Stephen Cauchi The benchmark ASX 200 Index finished the day down an astonishing 4.1 per cent to 5001.3 points.

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ASX suffers worst day since GFC

Stephen Cauchi Australian shares suffered a staggering $60 billion sell-off on Monday in its worst single-day performance since January 2009, with 4 per cent wiped off the local index.

Gold is not the only safe haven

Stephen Cauchi Currencies such as the yen, the euro, the US dollar, government bonds and even the VIX volatility index are finding favour with investors

ASX heading for worst month since the GFC

Stephen Cauchi Banks led another sharp sell-off on the ASX on Friday as investors fret about the strength of the global economy and China.

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Australian shares fall again as China fears spread

Stephen Cauchi Shares are on track for their worst month since the GFC, with steep falls on Wall Street and bad economic data from China prompting another sharp sell-off on Friday.

Banks, miners push ASX to fresh 2015 low

Stephen Cauchi Weak overseas leads, mixed earnings reports and crashing oil prices combined to punish the market on Thursday, as another day of heavy selling in the banks pushed shares to their lowest close for the...

Mining services cheap, but no bargain

Stephen Cauchi Looking for bargains in the beaten-up listed mining services sector is "like trying to catch a falling knife", warns one of the country's sharpest investors.

Australian shares rally as ANZ, CBA, NAB and Westpac are snapped up

Stephen Cauchi The benchmark S&P;/ASX 200 index has closed up 77 points, or 1.5 per cent, to 5380.2, while the broader All Ordinaries index has lifted 70 points, or 1.3 per cent, to 5379.8.

Late sell-off in CBA, ANZ, NAB and Westpac drives ASX losses

Stephen Cauchi The benchmark S&P;/ASX 200 index finished 65 points, or 1.2 per cent, lower at 5303.1, while the All Ordinaries index dropped 59 points, or by 1.1 per cent, to 5309.4.

Australian dollar still too high for post-mining economy

Stephen Cauchi Services are close to filling the gap left by the mining boom but the Australian dollar remains a major stumbling block.

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Australian shares run out of puff as Telstra drags

Stephen Cauchi Shares ended marginally higher after the market ran out of puff in late trade, with gains in energy stocks and the miners offsetting hefty falls in Computershare and Telstra.