Business

Movers

ASX gains as gold stocks shine

The benchmark S&P/ASX 200 index ended up 7 points, or 0.1 per cent, at 6077.

Shares posted a mild advance on Monday, as gains for in the gold mining sector helped the market shrug off weakness for energy companies.

ASX to catch Wall St's bullish wave

The S&P/ASX 200 has risen a mere 1 per cent so far this month, lagging behind US markets.

The local sharemarket, which has lagged so far this year, is poised to start the week sharply higher as Wall Street bulls shift into yet a higher gear.

'Inflation the big X-factor'

US interest rates may rise at a faster rate than markets are expecting.

Bond markets are sending signals about the future direction of interest rates that equity investors can't afford to ignore, strategists believe.

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The S&P 500 and Nasdaq both registered their eight record closing highs out of the first nine trading days of 2018, ...

More records fall as Wall Street rally rolls on

Wall Street continued its rally on Friday with record closing highs as the fourth-quarter earnings season kicked off with solid results from banks and robust retail sales drove investor optimism about economic growth.

Investors eyeing the ASX board.

Muted end to week for ASX

Australian shares ended with slight gains on Friday but lost ground over the week, with an advance in the mining sector not enough to offset weakness elsewhere.

Currencies

Wholesale Interbank Rates
Currencies Buys ($AU1) Sells ($AU1) $ Mvmt % Mvmt
AUD/USD 0.7974 0.7973 0.0061rise 0.77% rise
AUD/EUR 0.6498 0.6495 0.0013rise 0.20% rise
Updated: January 16, 2018 - 4:19AM