Markets Live: Aussie hits 2-year highs
The ASX slips at the end of a largely lacklustre week marked by worries about North Korea and Hurricane Irma, but the Australian dollar shines.
The ASX slips at the end of a largely lacklustre week marked by worries about North Korea and Hurricane Irma, but the Australian dollar shines.
The US dollar is poised to start this week on the backfoot amid a deepening rethink on the Federal Reserve's rate hike path.
Employment numbers this week should highlight again a conundrum vexing economists and policymakers alike: there are plenty of jobs, but not enough work.
The ASX ended a week dominated again by worries about North Korea with a loss, while the Australian dollar hit to a two-year high.
The Australian dollar hit two-year highs against its US counterpart this week, a handy boost to Aussies looking to buy overseas goods or holiday abroad this summer.
The event of the night, of course, belonged to the ECB, but the central bank meeting kept to a consensus script and didn't move markets.
The ASX ended little changed on Thursday, as solid early gains evaporated along with fresh developments around North Korea and Hurricane Irma.
The Bank of Canada's second rate hike in three months may provide the blueprint for monetary policy tightening in an era of stubbornly low inflation.
If Trump succeeds with his plan to repatriate funds from US companies held overseas, these dollar flows will have a volcanic impact on the greenback, Wall Street, and the global financial system, with big winners and big losers.
Wall Street closes in positive territory, setting up the local sharemarket for a solid opening.
Australia's economy expanded by 0.8 per cent in the June quarter and grew 1.8 per cent over the 12 months to June, official figures show.
A foray over US80¢ for the Australian dollar proved to be short-lived, with traders expressing their disappointment in second-quarter GDP data on Wednesday by selling the currency.
The Australian dollar hit two-year highs against its US counterpart this week, a handy boost to Aussies looking to buy overseas goods or holiday abroad this summer.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.8056 | 0.8054 | -0.0004fall | -0.05% fall |
AUD/EUR | 0.6702 | 0.6699 | -0.0025fall | -0.37% fall |
Updated: September 11, 2017 - 7:39AM |
Company | Security Code | Float date | Issue $ |
---|---|---|---|
Fat Prophets Global Property Fund | FPP | 04/10/2017 | 1.10 |
GEOOP Limited | GEO | 29/09/2017 | 0.00 |
The GO2 People Ltd | GO2 | 22/09/2017 | 0.20 |
HyGieaCare Inc. | HGC | 25/09/2017 | 0.40 |
Lustrum Minerals Ltd | LRM | 10/10/2017 | 0.20 |
MCP Master Income Trust | MXT | 09/10/2017 | 2.00 |
Nanollose Limited | NC6 | 10/11/2017 | 0.20 |
RightCrowd Limited | RCW | 18/09/2017 | 0.30 |
Registry Direct Limited | RD1 | 16/10/2017 | 0.20 |
Riversgold Limited | RGL | 11/09/2017 | 0.20 |
Stirfire Limited | SFS | 29/09/2017 | 0.20 |
Tando Resources Limited | TNO | 20/10/2017 | 0.20 |
Titomic Limited | TTT | 21/09/2017 | 0.20 |
VGI Partners Global Investments Limited | VG1 | 28/09/2017 | 2.00 |
Code | Name | New Highs | Last Week | Last Month |
---|---|---|---|---|
ABP | ABACUS PROPERTY GRP. | 3.690rise | 3.690 | 3.640 |
ANO | ADVANCED NANO TECH | 0.038rise | 0.038 | 0.033 |
AQD | AUSQUEST LIMITED | 0.023rise | 0.023 | 0.023 |
AWC | ALUMINA LIMITED | 2.200rise | 2.200 | 2.180 |
BAS | BASS OIL LTD | 0.003rise | 0.003 | 0.002 |
BIN | BINGO INDUSTRIES LTD | 2.290rise | 2.290 | 2.150 |
BMH | BAUMART HOLDINGS LTD | 0.235rise | 0.235 | 0.235 |
BPG | BYTE POWER GROUP | 0.001rise | 0.001 | 0.001 |
BRL | BATHURST RES LTD. | 0.180rise | 0.180 | 0.152 |
BTC | BIOTECH CAPITAL | 0.200rise | 0.200 | 0.190 |
Updated: September 8, 2017 - 6:50PM |
Code | Name | New Lows | Last Week | Last Month |
---|---|---|---|---|
A3D | AURORA LABS LIMITED | 0.580fall | 0.580 | 0.640 |
AIR | ASTIVITA LTD | 0.025fall | 0.025 | 0.025 |
AIY | AUTHORISED INVEST. | 0.008fall | 0.008 | 0.008 |
ALF | AUSTRALIAN LEADERS | 1.130fall | 1.130 | 1.220 |
ALT | ANALYTICA LIMITED | 0.005fall | 0.005 | 0.005 |
AZM | AZUMAH RESOURCES | 0.021fall | 0.021 | 0.021 |
BBG | BILLABONG | 0.605fall | 0.605 | 0.700 |
BDI | BLINA MINERALS NL | 0.001fall | 0.001 | 0.001 |
BIT | BIOTRON LIMITED | 0.016fall | 0.016 | 0.016 |
BKP | BARAKA ENERGY RES | 0.001fall | 0.001 | 0.001 |
Updated: September 8, 2017 - 6:50PM |
Save articles for later.
Subscribe for unlimited access to news. Login to save articles.
Return to the homepage by clicking on the site logo.