Stronger $A, weaker inflation could check rate hawks
Consumer price growth is likely to remain subdued, quietening rate rise talk, while a spike in the Aussie dollar could push out the Reserve Bank's timeline for a lift in inflation.
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Jens Meyer
Jens is the markets and breaking news editor, based in Sydney.
Topsy-turvy week for ASX
Bank stocks lost steam on Friday as investors booked profits after two days of strong gains, weighing on the overall market.
Smiles galore as banks drive up ASX
Banks again led the ASX higher in a session full of corporate action, while solid job numbers briefly lifted the Aussie dollar to a fresh high.
Big bank relief rally drives ASX 0.8pc higher
Big banks shares enjoyed their best day in eight months, gaining $14 billion in value on relief that new capital requirements weren't as tough as many had feared.
Markets Live: Banks in $14b relief rally
Shares in the big banks rocket higher as investors bet they won't need to raise capital to meet APRA's new requirements.
Markets Live: Bank fears fuel ASX selloff
Losses on the ASX accelerate, pulling the index below 5700 points, while the Aussie rallies to a fresh two-year high.
Telstra drags ASX lower
Strong data out of China failed to motivate the local sharemarket, with Telstra's worst day in three months weighing on the ASX.
Markets Live: Aussie on a rampage
Shares trade flat and the Aussie dollar trades close to two year highs, supported by better-than-expected Chinese economic data.
Markets Live: Rally fizzles ahead of US earnings
Shares trim early gains but remain on track for a solid weekly rise, while the Australian dollar is at four-month highs.
Markets Live: Aussie bursts through US77c
The Aussie dollar joins a rally in stocks, after dovish comments by Fed chair Janet Yellen lifted the Dow to a record.
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