Markets Live: Origin, AGL power up ASX
The ASX ends a lacklustre week on an upbeat note, with the benchmark getting a lift from some gains in the banking sector and Origin and AGL.
The ASX ends a lacklustre week on an upbeat note, with the benchmark getting a lift from some gains in the banking sector and Origin and AGL.
Bitcoin prices diverged dramatically across global exchanges on Friday as hyperdeflation and frenzied demand drove the price to over $23,000 a coin.
The ASX ended higher on Friday with utility companies putting a bit of a spark into the benchmark at the end of a lacklustre week.
Improving global growth and synchronised interest rate hikes could drive the Australian dollar as high as 90 US cents next year, an economist says.
Local sharemarket is set to open slightly higher on the back of Wall Street gains.
The cryptocurrency frenzy has minted another billionaire - and this time it's an Australian.
Bitcoin touched $US16,000 for the first time on Thursday, extending its advance this month to almost 70 per cent as concerns mounted the cryptocurrency's rapid rise masks risks.
After a barnstorming 2017, three high-profile offshore investors are talking to their clients about what 2018 might bring. And the powerful gains of this year have left many feeling "queasy".
The ASX pulled higher on Thursday, with gains in the banking sector helping the benchmark to its first positive session in four days.
The Australian dollar is back at June levels after the terms of trade data disappointed on Thursday, showing the surplus shrunk to just $105 million.
Father-of-three Didi made headlines after he invested everything he had in bitcoin. He's laughing now, but has no plans to cash in just yet.
Local sharemarket is set for a positive start to the day with banks set to lead the gains.
Improving global growth and synchronised interest rate hikes could drive the Australian dollar as high as 90 US cents next year, an economist says.
Currencies | Buys ($AU1) | Sells ($AU1) | $ Mvmt | % Mvmt |
---|---|---|---|---|
AUD/USD | 0.7511 | 0.7509 | -0.0002fall | -0.03% fall |
AUD/EUR | 0.6397 | 0.6394 | 0.0015rise | 0.24% rise |
Updated: December 8, 2017 - 8:19PM |
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