Markets Live: Hawkish Fed slugs Aussie
The Aussie dollar and US stocks drop after the US central bank hikes rates and flags three increases in 2017.
The Aussie dollar and US stocks drop after the US central bank hikes rates and flags three increases in 2017.
Goldman Sachs named David Solomon and Harvey Schwartz presidents and co-chief operating officers as Gary Cohn heads to Washington. .
The following are highlights from Federal Reserve chair Janet Yellen's press conference.
The Aussie has at least initially taken a hit in the wake of the Fed's forecast for three potential rate hikes in 2017.
The US Federal Reserve raised interest rates by a quarter point and signalled a faster pace of increases in 2017.
The US Federal Reserve raised interest rates by a quarter point and signalled a faster pace of increases in 2017.
Iron ore retreated, shedding more than 5 per cent back below the $US80 a tonne mark, as volatility persists.
The Russian ruble has emerged as a surprise winner following Donald Trump's victory in the US presidential election – but analysts attribute the gains to the oil price rally.
The Aussie dollar and US stocks drop after the US central bank hikes rates and flags three increases in 2017.
The Dow Jones index is now within spitting distance of 20,000 points for the first time. But is this a bullish or bearish signal?
A flurry of local deals as well as global optimism ahead of the US Federal Reserve meeting saw broad-based buying across the ASX.
BHP has indicared a restart of the troubled Samarco iron ore mine in Brazil could occur in the year ahead at a reduced capacity, with applications already lodged to do so.
The local stock market is set to rise at the open after SPI futures pushed up 36 points overnight, breaking out to the highest levels since August 2015.
The Aussie has at least initially taken a hit in the wake of the Fed's forecast for three potential rate hikes in 2017.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7421 | 0.7416 | -0.0082fall | -1.09% fall |
AUD/EUR | 0.7045 | 0.7037 | -0.0017fall | -0.24% fall |
Updated: December 15, 2016 - 7:07AM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 5,551,651,713 | 2,294,777,849 | 1,214,281 |
Industrial | 4,388,527,185 | 906,669,383 | 988,098 |
Mining | 1,131,460,710 | 1,387,768,719 | 219,516 |
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 |
---|---|---|---|---|
HOG | HAWKLEY OIL AND GAS | 0.007rise | 0.005 | 0.007 |
OXX | OCTANEX N.L. | 0.055rise | 0.045 | 0.045 |
ERA | ENERGY RESOURCES | 0.420rise | 0.355 | 0.350 |
PNW | PACIFIC STAR NETWORK | 0.310rise | 0.265 | 0.300 |
IAM | INTIGER GROUP LTD | 0.095rise | 0.083 | 0.066 |
TTS | TATTS GROUP LTD | 4.740rise | 4.220 | 4.360 |
XST | XSTATE RESOURCES | 0.019rise | 0.017 | 0.018 |
DSB | DELTA SBD LIMITED | 0.290rise | 0.260 | 0.240 |
MGX | MOUNT GIBSON IRON | 0.390rise | 0.350 | 0.365 |
NWH | NRW HOLDINGS LIMITED | 0.685rise | 0.630 | 0.565 |
Updated: December 14, 2016 - 6:50PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
VMG | VDM GROUP LIMITED | 0.001fall | 0.002 | 0.001 |
SPQ | SUPERIOR RESOURCES | 0.005fall | 0.007 | 0.005 |
IQE | INTUERI EDU GRP LTD | 0.025fall | 0.035 | 0.045 |
SMM | SUMMIT RESOURCES | 0.080fall | 0.110 | 0.090 |
TSV | TRANSERV ENERGY LTD | 0.006fall | 0.008 | 0.014 |
KBU | KABUNI LTD | 0.021fall | 0.027 | 0.025 |
DDT | DATADOT TECHNOLOGY | 0.010fall | 0.012 | 0.014 |
GBR | GREATBOULD RESOURCES | 0.135fall | 0.160 | 0.165 |
CAV | CARNAVALE RESOURCES | 0.006fall | 0.007 | 0.008 |
AGR | AGUIA RES LTD | 0.075fall | 0.087 | 0.085 |
Updated: December 14, 2016 - 6:50PM |
Company | Security Code | Float date | Issue $ |
---|---|---|---|
Automotive Solutions Group Ltd | 4WD | 16/12/2016 | 1.00 |
Ardea Resources Ltd | ARL | 09/01/2017 | 0.20 |
Axsesstoday Ltd | AXL | 21/12/2016 | 1.00 |
Blockchain Global Ltd | BCG | 0.20 | |
Blackstone Minerals Ltd | BSX | 20/12/2016 | 0.20 |
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