ASX tumbles as Trump trade turns toxic
The ASX followed a global sell-off which hinted at investors finally shedding their complacency around rising US political risks.
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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: Trump trade turns ugly
Shares slump for a second straight day extending the ASX's losses as gathering controversy around the US presidency threatens to derail the global bull market.
Trump uncertainty hits local markets
The ASX suffered a torrid morning after Wall St suffered its worst session in eight months amid chatter Trump may face impeachment proceedings.
ASX savaged as investors flunk confidence test
Major banks led a savage sell-off on the ASX, as investors fretted over record low wage growth and the growing threat of US political risks.
Markets Live: Confidence test as banks drop
Renewed selling in the major banks led a broad and savage sell-off on the ASX, as investors mulled uninspiring wage growth data and climbing US political risks.
It's calm on the market - too calm
Volatility hits multi-decade lows even as some of the world's major sharemarkets power to a fresh round of record highs.
Markets Live: Banks prop up sagging ASX
Gathering enthusiasm for bank stocks helped the ASX overcome the Monday morning wobbles, as Quintis and Oroton shares enter a trading halt.
ASX led lower by $14b banks sell-off
Talk of a new tax on the big banks and an underwhelming CBA trading update triggered a vicious sell-off in the big four lenders.
ASX sinks on metals meltdown
The local sharemarket fell for a third straight session after a plunge in Chinese iron ore futures drove miners lower.
Lowe used to like rates to calm bubbles
Claudio Borio's work with Philip Lowe 15 years ago may tell us whether the RBA governor will ultimately hike rates to tame a housing bubble.
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