Markets Live: Rough week for BHP
The dollar bounces and bond yields edge up after Chinese inflation shows signs of life, while on the ASX Telstra and the supermarket giants lead gains.
The dollar bounces and bond yields edge up after Chinese inflation shows signs of life, while on the ASX Telstra and the supermarket giants lead gains.
A busy week of local and international data, notably from the US and China, and a raft of US earnings will provide plenty of fodder for investors to weigh in markets this week.
The ASX is set to start the week slightly lower but a flood of data and events will keep investors busy this week.
The Chinese Government appears to be looking for a showdown with Australian billionaire James Packer. His gaming empire, Crown Resorts, is reeling in response to the massive raids on its Chinese operations and the detention of 18 staff.
US stocks closed little changed to end the week amid data that bolstered the case for higher rates.
Could a "high-pressure economy" reverse some of the damage done in the recession?
Uncertainty? What uncertainty? Goldman Sachs analyst Elad Pashtan sees a rosy outlook.
​A British court ruled in favour of Goldman in a $US1.2b dispute with Libya's sovereign wealth fund.
The dollar bounces and bond yields edge up after Chinese inflation shows signs of life, while on the ASX Telstra and the supermarket giants lead gains.
The price of copper slipped to a one-month low on Friday after the US dollar gained.
Bank of England governor Mark Carney said politicians set objectives, technocrats enact policy.
Wells Fargo posted quarterly profit that beat analysts' estimates as loan-loss provisions improved.
Citigroup posted third-quarter profit that beat analysts' estimates as bond-trading revenue surged.
The US dollar reached the highest level since March in anticipation of an interest rate hike.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7626 | 0.7616 | 0.0005rise | 0.07% rise |
AUD/EUR | 0.6951 | 0.6945 | 0.0010rise | 0.14% rise |
Updated: October 17, 2016 - 7:46AM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 3,590,169,627 | 1,704,175,830 | 929,821 |
Industrial | 2,703,741,816 | 634,800,038 | 741,600 |
Mining | 874,923,655 | 1,069,146,373 | 185,328 |
David Samra, awarded for his stock-picking during and after the 2008 financial crisis, says now's the time for a steady hand and no emotion.
The Sydney software company just released its first quarterly earnings report since listing on the Nasdaq late last year.Â
Markets are in a well-oiled "death spiral," analysts at Citigroup say.
Code | Name | New Highs | Last Week | Last Month |
---|---|---|---|---|
AME | ALTO METALS LIMITED | 0.140rise | 0.140 | 0.135 |
AMN | AGRIMIN LTD | 0.660rise | 0.660 | 0.610 |
ASZ | ASG GROUP LIMITED | 1.600rise | 1.600 | 1.595 |
ATP | ATLAS PEARLS LTD | 0.050rise | 0.050 | 0.043 |
BEE | BROO LTD | 0.280rise | 0.280 | 0.000 |
BRG | BREVILLE GROUP LTD | 9.720rise | 9.720 | 8.870 |
CAF | CENTREPOINT ALLIANCE | 0.520rise | 0.520 | 0.520 |
CRL | COMET RESOURCES | 0.052rise | 0.052 | 0.041 |
CUE | CUE ENERGY RESOURCE | 0.088rise | 0.088 | 0.078 |
DCG | DECMIL GROUP LIMITED | 1.200rise | 1.200 | 1.050 |
Updated: October 14, 2016 - 6:50PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
1PG | 1-PAGE LTD | 0.210fall | 0.210 | 0.220 |
ACU | ACTIVISTIC LTD | 0.019fall | 0.019 | 0.020 |
ADD | ADAVALE RESOURCE LTD | 0.011fall | 0.011 | 0.015 |
AEG | ABSOLUTE EQUITY PERF | 1.080fall | 1.080 | 1.080 |
AIZ | AIR NEW ZEALAND | 1.610fall | 1.610 | 1.705 |
BAS | BASS STRAIT OIL CO | 0.001fall | 0.001 | 0.001 |
BEE | BROO LTD | 0.215fall | 0.215 | 0.000 |
BML | BOTSWANA METALS LTD | 0.002fall | 0.002 | 0.002 |
BOC | BOUGAINVILLE COPPER | 0.150fall | 0.150 | 0.170 |
CGN | CRATER GOLD MIN LTD | 0.050fall | 0.050 | 0.050 |
Updated: October 14, 2016 - 6:50PM |
Code | Time | Announcement |
---|---|---|
OGC | 07:30AM | ICSID Tribunal Finds In Favour of Government Of El Salvador |
ZOR | 07:25AM | E Map Test |
Company | Security Code | Float date | Issue $ |
---|---|---|---|
Antipodes Global Investment Company Limited | APL | 18/10/2016 | 1.10 |
Apollo Tourism and Leisure Ltd | ATL | 04/11/2016 | 1.00 |
CFOAM Limited | CFO | 0.20 | |
Creso Pharma Limited | CPH | 0.20 | |
Davenport Resources Limited | DAV | 27/10/2016 | 0.20 |
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