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Markets Live: ASX slips below 5700

The pound has been plunging on fears of a 'hard Brexit'.

Shares fall for a fourth session out of the last six, as investors turn wary ahead of UK Prime Minister Theresa May's Brexit speech and Trump's inauguration.

Rio recoups lost ground in iron ore output

Rio Tinto - Autonomous Haulage Trucks, West Angelas minesite; credit Christian Sprogoe Photography

Stronger December output of iron ore in the December quarter enabled Rio Tinto to recoup some of the lost momentum in the division which had led it to trim full year production estimates in October.

8@eight: Trump doesn't take day off

President-elect Donald Trump took a shot at the Euro region overnight.

With a holiday in the US overnight for Martin Luther King day, there was no holiday for President-elect Trump who put out more criticism of the Euro region.

Trump, Fed headed for clash

Barry Eichengreen of the University of California Berkeley sees "double-digit" dollar appreciation as a possible ...

Donald Trump and the US central bank are heading for a collision that will almost certainly result in a stronger greenback.

Oil higher on Saudi commitment

Russian oil and gas condensate production averaged 11.1 million bpd for January 1-15, two energy industry sources said ...

​Oil prices were up, buoyed by Saudi commitments to reducing production, even as US output is expected to increase.

'Hard' Brexit fears send pound close to 30-year low

Taking away last year's 'flash crash', the pound hit a 30-year low overnight.

Britain's pound fell on Monday as concern rose that the country is heading for a "hard" Brexit from the European Union and its single market, a day before a speech by Prime Minister Theresa May on the government's plans.

Market Activity

  • Advances
    Price
    118.00
    Percentage up/down
    25.82% rise
  • Declines
    Price
    278.00
    Percentage up/down
    60.83% fall
  • Unchanged
    Price
    61.00
    Percentage up/down
    13.35% steady
Last updated:

Markets Live: ASX slips below 5700

Shares fall for a fourth session out of the last six, as investors turn wary ahead of UK Prime Minister Theresa May's Brexit speech and Trump's inauguration.

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MineLife's Gavin Wendt: "The balance of production is shifting toward premium steel products. China requires more ...

Iron ore leaps 3.9pc higher

Iron ore has carried last year's bullish momentum into the start of 2017, with prices rallying to a two-year high.

Currencies

Barry Eichengreen of the University of California Berkeley sees "double-digit" dollar appreciation as a possible ...

Trump, Fed headed for clash

Donald Trump and the US central bank are heading for a collision that will almost certainly result in a stronger greenback.

Wholesale Interbank Rates
Currencies Buys ($AU1) Sells ($AU1) $ Mvmt % Mvmt
AUD/USD 0.7478 0.7474 -0.0001fall -0.01% fall
AUD/EUR 0.7044 0.704 -0.0008fall -0.11% fall
Updated: January 17, 2017 - 1:50PM

Market Details

Volatility S&P;/ASX 200 VIX
Price
13.42
Change in
0.6350rise
Percentage up/down
(4.97%) rise
Today's market compared to previous close
Turnover
Sector Turnover ($AU) Volume Trades
Market total 1,952,462,067 1,347,767,319 516,203
Industrial 1,349,917,218 324,971,273 408,550
Mining 582,254,833 1,021,635,349 104,029
Last updated: January 17, 2017 - 2:20PM

Insider Tips

ASX - 52 Weeks Highs

Code Name New Highs Last Week Last Month
CIA CHAMPION IRON LTD 0.830rise 0.630 0.520
BCI BC IRON LIMITED 0.270rise 0.225 0.200
PVE PO VALLEY ENERGY LTD 0.030rise 0.025 0.025
TTW TOPTUNG LTD 0.049rise 0.041 0.041
EMB EMBELTON LIMITED 11.000rise 9.250 8.600
BIG BIG UN LTD 0.360rise 0.310 0.230
ACK AUSTOCK GROUP LTD 0.680rise 0.600 0.500
SFI SPOOKFISH LIMITED 0.084rise 0.075 0.077
CVC CVC LIMITED 1.930rise 1.725 1.660
MHC MANHATTAN CORP LTD 0.050rise 0.045 0.038
Updated: January 17, 2017 - 2:17PM

ASX - 52 Weeks Highs

Code Name New Lows Last Week Last Month
DMI DEMPSEY MINERALS 0.048fall 0.070 0.070
WGL WANGLE TECHNOLOGIES 0.020fall 0.025 0.030
TRL TANGA RESOURCES LTD 0.035fall 0.042 0.047
NAG NAGAMBIE RESOURCES 0.072fall 0.082 0.075
UNL UNITED NETWORKS LTD 0.220fall 0.245 0.000
NTC NETCOMM WIRELESS 1.860fall 2.030 1.965
4WD AUTO SOLUTIONS LTD 0.850fall 0.920 0.880
TFL TASFOODS LTD 0.155fall 0.160 0.170
DCC DIGITALX LIMITED 0.040fall 0.041 0.045
FHS FREEHILL MINING LTD. 0.145fall 0.000 0.000
Updated: January 17, 2017 - 2:17PM