Markets Live: ASX bounces back
Shares rebound as investors take a relaxed view of Italy's no vote, ahead of the RBA's rates decision, while Origin shares jump.
Mexico picks BHP Billiton for farmout deal
BHP Billiton has won the contest to partner with Pemex to develop a deep water oil field in untapped Gulf of Mexico waters.
Trump victory great for Goldman Sachs
The pundits who predicted Donald Trump would be bad for US banks have been proven wrong so far: Wall Street loves the incoming president.
ASX futures up 51 points
Local shares are poised to rise. Euro up 1pc v $US amid ECB reset. Base metals rebound. BHP gains on Mexican deal.
Euro rebounds as focus shifts to ECB
The euro rose as investors bet the European Central Bank will extend its asset-purchase program by six months.
Markets react calmly to Italy referendum
The prospect of euro intervention receded as markets reacted calmly to Italian voters' rejection of constitutional reform.
Trump win creates 'considerable' uncertainty
New York Fed boss William Dudley says it's too early to reach firm conclusions on how fiscal policy will evolve.
Oil reaches 16-month high
Crude rose above $US55 a barrel to hit a 16-month high amid rising prospects of a tightening market.
Citigroup's clarion call for commodity bulls
Citigroup is bullish on oil, copper, zinc, and wheat; it's bearish on coal, iron ore, gold and soybeans.
Inventories may save economy
An unexpected rise in inventories may have prevented the economy from contracting last quarter.
