Markets Live: Aussie slides on inflation miss
The Australian dollar has taken a knock from soft inflation data, while shares are rallying, led by the big miners after commodity prices surged.
The Australian dollar has taken a knock from soft inflation data, while shares are rallying, led by the big miners after commodity prices surged.
One of the world's top equity strategists says everyone feels the current bull market is miserable: no capex, no floats and no euphoria. But it's still a bull market.
With less than a week to go until the company earnings season begins, it may pay to look now at those stocks with the largest bearish bets against them.
Local shares look set to move up at the open after the S&P; 500 hit a record overnight, oil rallied and copper prices jumped to a two-year high.
Oil rose 3.3 per cent to the highest close in more than a month amid signs US shale drilling may have peaked.
Reserve Bank of New Zealand assistant governor John McDermott said that a lower currency would help rebalance economy growth.
Brazil unveiled sweeping changes to its mining code, boosting royalties in the latest move to reduce a budget deficit.
A set of strong US earnings reports sent the S&P; 500 stock index to a record high on Tuesday, while oil prices rallied 3 per cent on Saudi Arabia's pledge to cut exports in August and copper hit a two-year high.
Malaysia's Petronas dropped plans to build a $US27 billion liquefied natural gas export terminal on Canada's west coast.
Copper prices hit their highest in more than two years, boosted by signs of robust demand from China.
Shares staged a broad-based recovery from Monday's losses, but buyers lacked strong conviction.
How much will the recent jump in the Australian dollar, and subsequent rise in the trade weighted index affect Wednesday's inflation reading?
How much will the recent jump in the Australian dollar, and subsequent rise in the trade weighted index affect Wednesday's inflation reading?
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7898 | 0.7897 | -0.0039fall | -0.49% fall |
AUD/EUR | 0.6786 | 0.6784 | -0.0024fall | -0.35% fall |
Updated: July 26, 2017 - 3:20PM |
Sector | Turnover ($AU) | Volume | Trades |
---|---|---|---|
Market total | 3,248,074,565 | 1,278,507,129 | 886,732 |
Industrial | 2,307,581,650 | 615,619,491 | 704,123 |
Mining | 892,073,506 | 662,428,812 | 177,584 |
Code | Name | New Highs | Last Week | Last Month |
---|---|---|---|---|
RIE | RIEDEL RESOURCES LTD | 0.029rise | 0.012 | 0.018 |
BSX | BLACKSTONE LTD | 0.310rise | 0.190 | 0.200 |
HAS | HASTINGS TECH MET | 0.150rise | 0.100 | 0.090 |
BTC | BIOTECH CAPITAL | 0.200rise | 0.160 | 0.160 |
TPW | TEMPLE & WEBSTER LTD | 0.210rise | 0.180 | 0.185 |
KGN | KOGAN.COM LTD | 2.330rise | 2.020 | 1.720 |
BUD | BUDDY PLATFORM LTD | 0.170rise | 0.155 | 0.105 |
FDV | FRONTIER DIGITAL LTD | 0.680rise | 0.620 | 0.600 |
CAJ | CAPITOL HEALTH | 0.290rise | 0.265 | 0.270 |
HIT | HITECH GROUP AUST. | 0.710rise | 0.650 | 0.660 |
Updated: July 26, 2017 - 3:28PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
CNX | CARBON ENERGY | 0.410fall | 1.300 | 1.300 |
KLO | KINGSLAND GLOBAL LTD | 0.125fall | 0.170 | 0.170 |
YOW | YOWIE GROUP | 0.245fall | 0.295 | 0.270 |
CXX | CRADLE RESOURCES LTD | 0.085fall | 0.100 | 0.315 |
ORR | ORECORP LTD | 0.150fall | 0.170 | 0.380 |
LIO | LION ENERGY LIMITED | 0.035fall | 0.039 | 0.038 |
TNR | TORIAN RESOURCES LTD | 0.081fall | 0.090 | 0.083 |
AR1 | ARROWHEAD RES LTD | 0.009fall | 0.010 | 0.010 |
MEP | MINOTAUR EXPLORATION | 0.053fall | 0.058 | 0.060 |
NOR | NORWOOD SYSTEMS LTD. | 0.011fall | 0.012 | 0.014 |
Updated: July 26, 2017 - 3:27PM |
Company | Security Code | Float date | Issue $ |
---|---|---|---|
Australia WeTouch Technology Limited | AWT | 31/07/2017 | 0.40 |
Convenience Retail REIT | CRR | 27/07/2017 | 3.00 |
Evans & Partners Global Disruption Fund | EGD | 31/07/2017 | 1.60 |
Nusantara Resources Limited | NUS | 26/07/2017 | 0.42 |
Oasis Gold Limited | OAG | 01/08/2017 | 0.21 |
Okapi Resources Limited | OKR | 24/08/2017 | 0.20 |
Pyrolyx AG | PLX | 21/08/2017 | 1.47 |
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 |
TNT Mines Limited | TIN | 01/09/2017 | 0.20 |
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