Markets Live: ASX caught up in global sell-off
Shares lose more than $26 billion in value in a broad-based sell-off sparked by global jitters after central bankers flagged the tide is turning for easy money.
Shares lose more than $26 billion in value in a broad-based sell-off sparked by global jitters after central bankers flagged the tide is turning for easy money.
Economists are assessing whether the RBA will stay in tune with the marked global shift towards tighter global monetary policy settings and adopt a more hawkish tone this week.
The next RBA meeting is likely to garner more focus than usual in the wake of what appeared to be a coordinated strategy on rates by key central bankers last week.
Investors are now free to concentrate on the diplomatic crisis between Qatar and its Arab Gulf countries after crude prices bounced smartly last week.
"They said you'd never make it," went the 80s beer ad, "but you finally came through". Which, while relevant almost every year, can certainly be said of the financial year which came to a close on Friday.
US stocks closed up to end their week buoyed by increases in the industrial and consumer discretionary sectors.
US consumer spending rose modestly in May and inflation cooled, pointing to a slow-but-steady economic expansion.
Cautious global investors cut exposure to US stocks in June, and raised their euro zone equity holdings near a two-year high.
Spot iron ore prices posted their biggest gain for the month of June since 2009, though the outlook is uncertain.
The 2017 financial year came to an inglorious end on Friday, as the ASX suffered its worst session in more than seven months amid a global sell-off.
Speculators looking to profit from the hawkish shift among global central banks have a fresh target: the Australian dollar.
Millennials are set to inherit more money than any other generation and, according to UBS, they are committed to buying a better world for themselves.
Speculators looking to profit from the hawkish shift among global central banks have a fresh target: the Australian dollar.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7695 | 0.7686 | 0.0004rise | 0.05% rise |
AUD/EUR | 0.6738 | 0.6726 | 0.0001rise | 0.01% rise |
Updated: July 1, 2017 - 7:00AM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 7,750,292,396 | 2,359,914,396 | 1,342,466 |
Industrial | 6,162,598,475 | 1,138,785,085 | 1,142,675 |
Mining | 1,569,731,212 | 1,220,704,782 | 195,218 |
Code | Name | New Highs | Last Week | Last Month |
---|---|---|---|---|
KEY | KEY PETROLEUM | 0.013rise | 0.008 | 0.009 |
BIG | BIG UN LTD | 1.235rise | 0.945 | 0.790 |
EHL | EMECO HOLDINGS | 0.110rise | 0.086 | 0.088 |
KNM | KNEOMEDIA LIMITED | 0.030rise | 0.025 | 0.017 |
SGC | SACGASCO LTD | 0.100rise | 0.085 | 0.076 |
BUL | BLUE ENERGY LIMITED | 0.080rise | 0.069 | 0.060 |
MOE | MOELIS AUSTRALIA LTD | 3.600rise | 3.130 | 3.200 |
PRT | PRIME MEDIA GRP LTD | 0.390rise | 0.340 | 0.355 |
TEG | TRIANGLE ENERGY LTD | 0.061rise | 0.054 | 0.050 |
MDL | MINERAL DEPOSITS | 0.680rise | 0.615 | 0.610 |
Updated: June 30, 2017 - 6:50PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
CXZ | CONNEXION MEDIA LTD | 0.027fall | 0.045 | 0.042 |
TYK | TYCHEAN RESOURCES | 0.004fall | 0.006 | 0.005 |
AQQ | APHRODITE GOLD LTD | 0.013fall | 0.019 | 0.022 |
REV | REAL ESTATE INVESTAR | 0.025fall | 0.035 | 0.040 |
IOT | IOT GROUP LIMITED | 0.008fall | 0.011 | 0.016 |
AYR | ALLOY RESOURCES | 0.003fall | 0.004 | 0.004 |
LRS | LATIN RESOURCES LTD | 0.003fall | 0.004 | 0.004 |
OBL | OIL BASINS LIMITED | 0.003fall | 0.004 | 0.004 |
SUR | SUN RESOURCES NL | 0.003fall | 0.004 | 0.004 |
BEL | BENTLEY CAPITAL LTD | 0.100fall | 0.130 | 0.130 |
Updated: June 30, 2017 - 6:50PM |
Company | Security Code | Float date | Issue $ |
---|---|---|---|
American Pacific Borate & Lithium Limited | ABR | 17/07/2017 | 0.20 |
Audinate Group Limited | AD8 | 30/06/2017 | 1.22 |
Afterpay Touch Group Limited | APT | 29/06/2017 | 0.00 |
Australia WeTouch Technology Limited | AWT | 31/07/2017 | 0.40 |
CTL Australia Group Limited | CIT | 11/07/2017 | 0.20 |
Evans & Partners Global Disruption Fund | EGD | 31/07/2017 | 1.60 |
Eagle Health Holdings Limited | EHH | 03/07/2017 | 0.40 |
ELMO Software Limited | ELO | 29/06/2017 | 2.00 |
Galena Mining Limited | G1A | 10/07/2017 | 0.20 |
Nusantara Resources Limited | NUS | 26/07/2017 | 0.42 |
Prospech Limited | PRS | 31/07/2017 | 0.20 |
Sienna Cancer Diagnostics Limited | SDX | 02/08/2017 | 0.20 |
Spectur Limited | SP3 | 31/07/2017 | 0.20 |
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