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Markets Live: ASX skids after Cohn exit

The ASX was set for a flat open.

Australian shares dropped for the fifth time in six sessions as simmering trade war worries resurfaced with the surprise resignation of White House economic adviser Gary Cohn.

ASX slides after Cohn's exit

The ASX stumbled after Gary Cohn resigned as economic adviser to the White House.

Australian shares dropped for the fifth time in six sessions as simmering trade war worries resurfaced with the surprise resignation of White House economic adviser Gary Cohn.

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Currencies

Wholesale Interbank Rates
Currencies Buys ($AU1) Sells ($AU1) $ Mvmt % Mvmt
AUD/USD 0.7795 0.7793 -0.0034fall -0.43% fall
AUD/EUR 0.6287 0.6284 -0.0025fall -0.40% fall
Updated: March 8, 2018 - 1:20AM