Markets Live: Aussie bounces on China data
The dollar has hit a two-month high, following stronger than expected Chinese GDP growth, while stocks are lower as investors remain cautious ahead of Donald Trump's inauguration.
The dollar has hit a two-month high, following stronger than expected Chinese GDP growth, while stocks are lower as investors remain cautious ahead of Donald Trump's inauguration.
Wall Street shares close slightly higher, the first time in more than 50 years that a new commander-in-chief has been welcomed by a rising equity market on his first day in office.
Guinea President Alpha Conde said the firing of Alan Davies was the result of a feud over succession within Rio Tinto.
The destiny of iron ore prices may lie in the hands of miners scattered across China, lured by recent price gains.
Capital management will improve at the next earnings season but the rewards might not be the windfall investors think.
Investors are in a holding pattern, weighing up the risk versus the hope factor ahead of Trump's inauguration speech.
Mario Draghi called on Germany to be calm as the European Central Bank keeps pumping stimulus into the euro area.
The ASX erased all its 2017 gains to close in the red for a second straight week, as global markets digested the 'hard Brexit'.
The dollar has hit a two-month high, following stronger than expected Chinese GDP growth, while stocks are lower as investors remain cautious ahead of Donald Trump's inauguration.
One unlikely industry enjoyed some of the largest gains during Obama's tenure as did the S&P; 500.
The surge in the share price of Bega Cheese on the purchase of Vegemite may encourage the board to tap investors for fresh funds.
The US dollar recouped its losses for the week ahead of the Trump inauguration, supported by a rise in Treasury yields.
Overnight markets seem to be reverting back to the mean following a few days of uncertainty around Theresa May's hard Brexit speech while the wait for the Donald Trump White House is almost over.
The US President-elect's comments that the US dollar is too high sent the greenback lower against every major currency, including the Australian dollar.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.756 | 0.7551 | -0.0002fall | -0.03% fall |
AUD/EUR | 0.7066 | 0.7052 | -0.0002fall | -0.03% fall |
Updated: January 21, 2017 - 9:00AM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 4,381,193,817 | 2,223,105,853 | 972,717 |
Industrial | 3,447,738,924 | 631,984,515 | 779,640 |
Mining | 842,145,483 | 1,590,671,850 | 187,275 |
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 |
---|---|---|---|---|
TEK | THORNEY TECH LTD | 0.265rise | 0.145 | 0.145 |
BCN | BEACON MINERALS | 0.007rise | 0.004 | 0.003 |
TTW | TOPTUNG LTD | 0.063rise | 0.041 | 0.041 |
MLS | METALS AUSTRALIA | 0.016rise | 0.011 | 0.006 |
TDO | 3D OIL LIMITED | 0.060rise | 0.045 | 0.040 |
ESR | ESTRELLA RES LTD | 0.110rise | 0.085 | 0.065 |
CLA | CELSIUS RESOURCE LTD | 0.033rise | 0.026 | 0.021 |
MSR | MANAS RES LTD | 0.005rise | 0.004 | 0.005 |
PNL | PARINGA RESOURCES | 0.550rise | 0.440 | 0.500 |
IIL | INNATE IMMUNO | 1.670rise | 1.350 | 1.155 |
Updated: January 20, 2017 - 4:13PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
MDX | MINDAX LIMITED | 0.003fall | 0.005 | 0.005 |
LGR | LANKA GRAPHITE LTD | 0.060fall | 0.090 | 0.085 |
CMI | CMI LIMITED. | 0.785fall | 1.150 | 1.150 |
TNP | TRIPLE ENERGY LTD | 0.005fall | 0.007 | 0.009 |
ORL | OROTONGROUP LIMITED | 1.610fall | 2.110 | 2.170 |
MIG | MIGME LIMITED | 0.052fall | 0.068 | 0.068 |
MJC | MEJORITY CAPITAL LTD | 0.010fall | 0.013 | 0.011 |
UNL | UNITED NETWORKS LTD | 0.195fall | 0.245 | 0.000 |
ADR | ADHERIUM LTD | 0.190fall | 0.235 | 0.235 |
FGF | FIRST GROWTH FUNDS | 0.005fall | 0.006 | 0.006 |
Updated: January 20, 2017 - 6:00PM |
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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