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Markets Live: ASX stretches out gains

Futures are pointing to an upbeat start.

Investors in Australian shares pushed the market back to levels last seen at the middle of January on Wednesday, amid ongoing optimism for economic growth at home and overseas.

Trump's comments send the Aussie dollar diving

President Donald Trump says the US dollar will get 'stronger and stronger'.

The Australian dollar has dived after President Donald Trump told CNBC he wants a strong US dollar, contradicting comments made by Treasury Secretary Steven Mnuchin one day earlier.

ASX slides, $A shines

The S&P/ASX 200 index edged down 4 points, to 0.1 per cent, to 6050.

ASX investors ended a holiday-shortened week on a downbeat note, while the Australian dollar briefly vaulted back over US81¢.

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Investors are playing it safe.

8@eight: ASX set to open lower

The local sharemarket is poised to open lower on the back of retreats on global markets, with futures pointing to a 14-point drop.

The S&P/ASX 200 index rose 17 points, or 0.3 per cent, to 6054, while the All Ordinaries climbed 18 points, or 0.3 per ...

ASX extends solid gains

Investors in Australian shares pushed the market higher amid ongoing optimism for economic growth at home and overseas.

Currencies

Wholesale Interbank Rates
Currencies Buys ($AU1) Sells ($AU1) $ Mvmt % Mvmt
AUD/USD 0.8025 0.8022 -0.0006fall -0.07% fall
AUD/EUR 0.6478 0.6472 0.0001rise 0.02% rise
Updated: January 26, 2018 - 7:29AM