ASX posts its first 2017 decline
A slippery oil price and sharp reversal in investor sentiment dragged the ASX into the red for the first time this year.
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Patrick Commins
Patrick Commins writes on Markets specialising in Equity Markets, Currencies, Debt Markets. Based in our Sydney newsroom, Patrick is Markets deputy editor and has over six years experience as a journalist.
Markets Live: ASX's first fall of 2017
Banks led a broad ASX sell-off, ending a five-day winning streak as the mood among investors turns markedly bearish, with iron ore and gold miners the exceptions.
Retail sales stumble in November
Economists are hopeful that a reasonable Christmas shopping period will make for a constructive quarter of consumer spending and help stave off fears of a recession, despite "tepid" retail sales growth in November.
Markets Live: ASX in bull market
The ASX's powerful rally continues as shares charge through 5800 points thanks to strong buying in the big banks, as the benchmark top 200 index breaks into bull market territory.
Housing approvals jump, but trend reversal not expected
Housing approvals rebounded strongly in November, but the data is unlikely to herald a change in a declining trend from 2016's peaks, economists said.
Trump and Yellen twin risks for investors
Uncertainties around Trump's policy agenda and the pace of US rate rises are the twin worries hanging over investors, and this week could provide insight into these interrelated issues.
Steve Keen: rebel economist with a cause
Why the government should pay back your mortgage debt, according to maverick economics professor Steve Keen.
The big investment questions for 2017
After a year of drama and upsets, investors shouldn't be expecting a more sedate pace in 2017.
ASX slips in final session as gold miners shine
Gold miners look set to end the year on a bright note, while selling in blue-chip names pushes the sharemarket lower in early trade on the final, shortened session of 2016.
Will the Aussie tank when US rates beat ours in 2017?
Last time that rates were higher in the US than in Australia, the Aussie dollar plunged as low as 48 US cents. Could it fall again this low?
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