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Fed raises rates for third time since GFC

Federal Reserve Chair Janet Yellen: The third rate hike since the 2007-2009 recession was well telegraphed.
  • BREAKING

The Federal Reserve raised its benchmark lending rate a quarter point and continued to project two more rate increases this year, signalling more vigilance as inflation approaches its target.

Fed won't rush to lift rates

An eagle sculpture stands on the facade of the Marriner S. Eccles Federal Reserve building in Washington.

The US Federal Reserve raised interest rates as expected and reaffirmed a previous gradual rate hike path.

Secular stagnation is still a thing

Gerard Minack remains committed to the secular stagnation theory.

As the reflation trades of the past year ebb away, money managers are still grappling with a familiar problem: how to generate a decent return in what is likely to remain low growth, low inflation environment.

UBS hopes Trump is the new LBJ

UBS Asset Management head of investment strategy Tracey McNaughton.

In a bid to escape from crushingly low yields global investors have for close to a decade been increasing their exposure to risk.

Market Indices

Updated: March 15, 2017 - 4:39PM
Updated: March 15, 2017 - 7:09PM
Updated: March 16, 2017 - 6:23AM
Updated: March 16, 2017 - 4:00AM

Market Activity

  • Advances
    Price
    207.00
    Percentage up/down
    45.80% rise
  • Declines
    Price
    184.00
    Percentage up/down
    40.71% fall
  • Unchanged
    Price
    61.00
    Percentage up/down
    13.50% steady
Last updated:

Search Quotes & Charts

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"It seems likely the Fed will err on the side of more rather than less hawkishness," Goldman Sachs analysts wrote in a ...

US notes poised to reverse

Hedge funds and other large speculators boosted net short bets in five-year futures on the potential for a dovish message.

Currencies

Banks reported selling of the pound from the moment traders arrived at their desks in Europe on Tuesday, driving ...

Sterling slides on Brexit gloom

​Sterling fell to an eight-week low, hit by fears of a prolonged bout of political jousting as the UK heads towards Brexit.

Wholesale Interbank Rates
Currencies Buys ($AU1) Sells ($AU1) $ Mvmt % Mvmt
AUD/USD 0.7688 0.7687 0.0129rise 1.71% rise
AUD/EUR 0.7192 0.719 0.0064rise 0.90% rise
Updated: March 16, 2017 - 6:30AM

Market Details

Volatility S&P;/ASX 200 VIX
Price
9.62
Change in
0.3130rise
Percentage up/down
(3.36%) rise
Today's market compared to previous close
Turnover
Sector Turnover ($AU) Volume Trades
Market total 4,870,927,918 2,300,074,076 1,186,473
Industrial 3,812,603,579 801,443,183 963,981
Mining 1,043,439,498 1,498,285,623 217,473
Last updated: March 15, 2017 - 5:55PM

Insider Tips

ASX - 52 Weeks Highs

Code Name New Highs Last Week Last Month
SCU STEMCELL UNITED LTD 1.085rise 0.013 0.014
PGS PLANET GAS LTD 0.011rise 0.004 0.005
THR THOR MINING PLC 0.034rise 0.019 0.016
IVQ INVITROCUE LTD 0.140rise 0.080 0.100
PGY PILOT ENERGY LTD 0.003rise 0.002 0.002
AUK AUGUR RESOURCES LTD 0.016rise 0.011 0.013
AON APOLLO MINERALS LTD 0.270rise 0.200 0.150
AAR ANGLO AUSTRALIAN 0.031rise 0.023 0.021
TMT TECHNOLOGY METALS 0.290rise 0.230 0.245
GSW GETSWIFT LIMITED 0.655rise 0.550 0.480
Updated: March 15, 2017 - 6:50PM

ASX - 52 Weeks Highs

Code Name New Lows Last Week Last Month
DMG DRAGON MOUNTAIN GOLD 0.010fall 0.013 0.011
SKF SKYFII LTD 0.044fall 0.052 0.060
SUR SUN RESOURCES NL 0.006fall 0.007 0.008
ATU ATRUM COAL LTD 0.360fall 0.415 0.430
CMY CAPITAL MINING 0.007fall 0.008 0.007
EVS ENVIROSUITE LTD 0.042fall 0.048 0.051
XPD XPD SOCCER GEAR GRP 0.037fall 0.042 0.064
HWK HAWKSTONE MNG LTD 0.015fall 0.017 0.700
BMH BAUMART HOLDINGS LTD 0.190fall 0.215 0.215
CSE COPPER STRIKE LTD 0.195fall 0.220 0.240
Updated: March 15, 2017 - 6:50PM

Floats & IPOs

Upcoming IPOs
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
Cobalt Blue Holdings Ltd COB 19/12/2016 0.20
Davenport Resources Ltd DAV 27/10/2016 0.75
Dreamscape Networks Ltd DN8 02/12/2016 0.25
Dragontail Systems Ltd DTS 10/11/2016 0.20
E2 Metals Ltd E2M 02/12/2016 0.20
Eildon Capital Ltd EDC 02/02/2017 1.06
Freehill Mining Limited FHS 12/12/2016 0.20
GetSwift Ltd GSW 0.20
HearMe Out Limited HMO 13/12/2016 0.20
Horizon Gold Ltd HRN 14/12/2016 0.40
India Fund Limited INF 1.00
Inghams Group Limited ING 07/11/2016 4.14
Integrated Payment Technologies Limited IP1 02/12/2016 0.20
I Synergy Group Limited IS3 22/12/2016 0.20
Kalium Lakes Ltd KLL 19/12/2016 0.20

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