Markets Live: Donald deflates Trump trade
![The greenback crumbled following Donald Trump's first press conference since his election.](/web/20170111224034im_/http://www.smh.com.au/content/dam/images/g/o/h/s/f/6/image.related.landscape.120x80.gtpv0s.png/1484174287209.jpg)
Resource stocks are set to push the ASX higher, while the US dollar slumped following Donald Trump's first press conference since his election.
Resource stocks are set to push the ASX higher, while the US dollar slumped following Donald Trump's first press conference since his election.
The Australian dollar surged around one US cent amid renewed uncertainty about Donald Trump's policies following his first press conference as US President-elect.
Obama having given his farewell speech, the rhetoric of Donald Trump via twitter and news outlets now becomes very real.
A wage negotiation at the world's top copper mine is showing the downside for producers of recovering prices.
Iron ore and steel futures in China advanced for a third session on Wednesday, hitting their strongest in three weeks
New Zealand dairy giant Fonterra is in the box seat to control the future of infant milk products group Bellamy's with an effective ''poison pill'' arrangement.
The new year has greeted Australian stocks with a bull market but 2016 wasn't an easy ride.
Investors have a lot of moving parts to keep their eyes on when deciding where to put their money in 2017.
Resource stocks are set to push the ASX higher, while the US dollar slumped following Donald Trump's first press conference since his election.
The longer-term significance of the milestone is subject to debate.
The ASX closed higher after strong gains in the miners offset losses in the big banks.
The local stock market is set to open higher on the back of a strong night for commodities' markets.
When 10-year US Treasuries trade above 2.6pc, it will mark an end to the three-decade bond bull market, says Bill Gross.
For currency traders, it's a fine time to do something different.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7447 | 0.7442 | 0.0002rise | 0.03% rise |
AUD/EUR | 0.7039 | 0.7032 | 0.0002rise | 0.03% rise |
Updated: January 12, 2017 - 9:09AM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 4,167,302,974 | 2,188,676,901 | 934,580 |
Industrial | 3,091,051,254 | 656,751,415 | 746,809 |
Mining | 1,059,179,152 | 1,531,589,705 | 184,220 |
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 |
---|---|---|---|---|
LAM | LARAMIDE RES LTD | 0.400rise | 0.200 | 0.250 |
DRO | DRONESHIELD LIMITED | 0.520rise | 0.330 | 0.290 |
AGE | ALLIGATOR ENERGY | 0.021rise | 0.015 | 0.018 |
ADX | ADX ENERGY LTD | 0.011rise | 0.008 | 0.008 |
DYL | DEEP YELLOW LIMITED | 0.030rise | 0.022 | 0.019 |
MBC | MALABAR COAL LTD | 0.500rise | 0.380 | 0.350 |
MZN | MARINDI METALS LTD | 0.030rise | 0.023 | 0.025 |
IIL | INNATE IMMUNO | 1.350rise | 1.100 | 1.155 |
MHC | MANHATTAN CORP LTD | 0.045rise | 0.038 | 0.038 |
ARA | ARIADNE AUSTRALIA | 0.695rise | 0.590 | 0.585 |
Updated: January 11, 2017 - 4:16PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
BAL | BELLAMY'S AUSTRALIA | 3.730fall | 6.680 | 6.200 |
FE8 | FASTER ENTERPRISES | 0.160fall | 0.210 | 0.210 |
AKK | AUSTIN EXPLORATION | 0.004fall | 0.005 | 0.005 |
VMC | VENUS METALS COR LTD | 0.105fall | 0.125 | 0.120 |
CPH | CRESO PHARMA LTD | 0.190fall | 0.225 | 0.220 |
SSL | SIETEL LIMITED | 4.250fall | 5.000 | 4.620 |
FGF | FIRST GROWTH FUNDS | 0.006fall | 0.007 | 0.006 |
AHL | AHALIFE HOLDINGS LTD | 0.069fall | 0.080 | 0.070 |
TNP | TRIPLE ENERGY LTD | 0.007fall | 0.008 | 0.009 |
ZIP | ZIPTEL LIMITED | 0.088fall | 0.100 | 0.100 |
Updated: January 11, 2017 - 6:50PM |
Company | Security Code | Float date | Issue $ |
---|---|---|---|
Ardea Resources Ltd | ARL | 09/01/2017 | 0.20 |
Blockchain Global Ltd | BCG | 0.20 | |
Blackstone Minerals Ltd | BSX | 20/12/2016 | 0.20 |
Cobalt Blue Holdings Ltd | COB | 19/12/2016 | 0.20 |
Davenport Resources Ltd | DAV | 27/10/2016 | 0.75 |
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