Business

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.

The big banks' share prices have driven the ASX to new near two-year highs as investors bet that higher mortgage rates ...

Banks lift ASX to a new high

The local sharemarket extended Tuesday's strong gains to hit another near two-year high, with banks once again at the vanguard of the rally.

A European Union supporter in Warsaw, Poland, on Saturday.

'The monetary policy tide has turned'

Australia has been caught up in last year's global reversal in interest rates led by Donald Trump and a resurgence of populist policies around the developed world, Algebris' Alberto Gallo says.

Gerard Minack remains committed to the secular stagnation theory.

Secular stagnation is still a thing

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.

France's Marine le Pen (right) and Dutch populist anti-Islam lawmaker Geert Wilders.

Politics casts a shadow over Europe

Investors are keen to invest in the European growth story but, days ahead of Dutch elections, are asking whether politics will spoil the party.