BHP keeps ASX rally on track

Stephen Cauchi Shares didn't quite manage to hang onto early gains that pushed the ASX above 5400, but a BHP rally helped it close higher for a fifth session.

CBA rally helps lift ASX

Stephen Cauchi Buoyed by another strong day for the banks, the Australian sharemarket ended higher for a fourth session.

Fourth week of ASX gains as rate cut fuels market

Stephen Cauchi The Australian sharemarket managed a fourth successive week of gains amid hopes of further cuts in interest rates.

Volatile iron ore bounces again as Chinese mums and dads sell off

Stephen Cauchi Iron ore's exceptionally volatile price journey continues, with Australia's largest mineral export losing 5.2 per cent to $US60.09 per tonne overnight.

Battered Aussie dollar tipped to hold above US74¢

Stephen Cauchi Despite the dollar's drastic slide this week, economists see a range of factors keeping the currency at current levels this quarter.

ASX soars to 2016 high as rate cut triggers wave of buying

Stephen Cauchi The ASX shot to a 2016 high as the RBA rate cut inspired a wave of buying and bargain hunters jumped into bank stocks.

Australian shares due for turnaround: AMP

Stephen Cauchi Australian stocks may finally be starting to look like a good option compared to global shares, according to an analysis by AMP Capital.

Comments 1

OceanaGold runs too hard, slapped with 'sell' by Deutsche Bank

Stephen Cauchi OceanaGold's soaring share price has prompted Deutsche Bank to downgrade the stock to sell, even though the miner has performed well and is on track to become the world's lowest cost gold producer.

Westpac slide keeps ASX in the red

Stephen Cauchi Australian shares fell after a poor earnings result from Westpac weighed on banking stocks.

Central banks not done cutting rates, and RBA could be next

Stephen Cauchi Key central banks held fire this week but economists say that doesn't mean the tide of monetary easing is turning, with the RBA possibly the first of many to cut rates when it meets next week.

ASX extends recovery rally despite choppy global markets

Stephen Cauchi Australian shares overcame a weak start to the session on Friday as banks found some buyers, helping the market post a modest gain for the week.

Traders kiss goodbye to Aussie at US80¢

Stephen Cauchi The prospects of the Australian dollar trading with an 80s-handle have faded dramatically after Wednesday's remarkably low inflation data, according to currency traders.

Iron ore spike driven by Chinese cabbies as speculation gets out of hand

Stephen Cauchi "Chinese cabbies" and other retail investors may well have fuelled the stunning moves in iron ore, Australia's largest mineral export, over recent weeks, say analysts.

Banking gloom offsets RBA rate cut hopes to pull ASX down

Stephen Cauchi Investors experienced a roller-coaster session, during which surprisingly soft inflation data gave the market a lift before Westpac sparked a sell-off.

Resources rally not over yet, say analysts

Stephen Cauchi and Jessica Sier The recent commodities rally may have paused over the past few days but analysts are confident that it will retain most of the gains.

ASX slips as resources rally runs out of puff

Stephen Cauchi The Australian sharemarket fell on Tuesday, led down by the miners as last week's massive gains in the iron ore price were pared back.

Credit Suisse prediction on China's steel demand to bolster iron ore bulls

Stephen Cauchi The Chinese steel rally driving the price of iron ore is "only starting", Credit Suisse says.

House prices will slow but no debt crisis: HSBC

Stephen Cauchi The housing market slowdown is set to continue into 2017, according to HSBC but it shouldn't cause a debt crisis.

Comments 20

ASX ends session lower, but up 1.5pc for the week

Stephen Cauchi The sharemarket rally fizzled, as investors took profits in miners and energy stocks.