Markets Live: Small names, big impact
![Investors can expect a better start to the day's trade.](http://web.archive.org./web/20171121004101im_/https://www.fairfaxstatic.com.au/content/dam/images/g/t/0/f/h/x/image.related.landscape.120x80.gzpeve.png/1511223463050.jpg)
Shares trade cautiously higher as some of the smaller ASX names move the sharemarket dial.
Shares trade cautiously higher as some of the smaller ASX names move the sharemarket dial.
Bitcoin's relentless and volatile rally shows no sign of abating, with the world's largest cryptocurrency defying growing bubble fears to hit yet another milestone.
Australia's dollar is set to fall to the weakest since the aftermath of the global financial crisis in 2009 as it loses its standing as a high-yielding currency, according to Morgan Stanley.
Federal Reserve chair Janet Yellen says she will step down from its board of governors once her successor is sworn into office.
Aggregating all the moves seen in financial markets overnight we have to conclude that's it's been a quiet, yet positive session and the leads suggest the bulls will be the happier camp through Asia today.
Shares stage a fight back from sharp early losses but still end Monday down as miners continue to drag and investors find little reason to buy.
The Australian dollar has continued its recent slump, hitting a five-month low against its US counterpart over the weekend.
Revenge, it is said, is a dish best served cold.
Australian shares are set to make a quiet start to the week after Wall Street slid lower on Friday
It has been 261 trading days since we've had a 3 per cent or more pullback in the markets, the longest such streak in history, according to Tematica Research.
Big Oil is under pressure, unloved and on sale. So getting dumped by the world's biggest investment fund wouldn't be welcome news.
The local sharemarket is set to finish the week on a high, with futures pointing to sharp gains at the open.
Bitcoin's relentless and volatile rally shows no sign of abating, with the world's largest cryptocurrency defying growing bubble fears to hit yet another milestone.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7559 | 0.7557 | 0.0008rise | 0.11% rise |
AUD/EUR | 0.6438 | 0.6436 | 0.0002rise | 0.03% rise |
Updated: November 21, 2017 - 8:30AM |