Iron ore down 8.4pc in a week as volatility returns
Iron ore tumbled last week, falling below the $US58 a tonne mark on Friday, and volatility risk has risen, according to NAB.
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Iron ore tumbled last week, falling below the $US58 a tonne mark on Friday, and volatility risk has risen, according to NAB.
The severe pressure on retail stocks will ramp up again this week as retail sales come in the spotlight.
The chief executive of the market's most shorted stock says regulators should consider how the opaque nature of short selling is distorting market trading in small companies.
Hedge fund manager Paul Singer warns "all hell will break lose" and recession looms if President Donald Trump fails.
Local shares are poised to open slightly higher, though brokers will be on the sidelines in China, the UK and the US.
It usually doesn't work this way: stocks vaulting to records, and bearish traders getting more aggressive. Lately, it has.
US stocks limped into the weekend on a sluggish final day of trading, while the US dollar fluctuated with oil.
The US economy slowed less than initially thought in the first quarter, but the outlook has become less clear.
S&P; expects timely financial support will be provided to the major banks by the Australian government.
As a commodity exporter, India is a natural hedge for Aussie investors.
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