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Markets Live
ASX up 0.6%, Treasury Wine makes COVID warning
The ASX200 rose 0.6% this morning, up 44.3 points to 7356.
- by Emma Koehn and Colin Kruger
Latest
The mysterious surge of North Korea’s currency
In normal economies, currencies weaken in times of difficulty, but something counter-intuitive is happening in North Korea: the won is surging just as things are getting worse.
- by Hooyeon Kim
‘Anyway-it-wins’: why the US dollar looks unstoppable
Nothing seems to be slowing down the love for the US dollar, with a wave of bullish bets unleashed on the greenback.
- by Brody Ford and Libby Cherry
ASX set to jump as Wall Street surges on upbeat earnings
Stocks rose broadly on Wall Street as the market builds momentum a day after breaking a three-day losing streak.
- by Damian Troise
A full-blown Wall Street obsession: Stagflation fears grip markets
It’s taken just a few short months for stagflation to go from hobgoblin of cranks to a serious Wall Street obsession. Much of the stress is coming from the energy crisis.
- by Katie Greifeld
Opinion
Energy prices
Energy crisis puzzle: why fossil fuel prices are surging
The prices of oil, gas and coal have skyrocketed through this year to levels not seen for years. The reasons why are complex.
- by Stephen Bartholomeusz
As it happened: ASX closes 0.5% higher with mining and tech boost
The ASX200 ran out of steam before the close, ending 0.5% higher, up 39.2 points to 7311.7, as miners and tech stocks boosted the bourse.
- by Emma Koehn and Colin Kruger
Updated
World markets
ASX set for bright start as Wall Street ends losing streak
The Australian sharemarket is set to open higher with Wall Street’s benchmark index ending a three-day losing streak.
- by Damian Troise
China’s Bitcoin mining hits zero as crypto ban pays off
The US has become the world’s epicentre for Bitcoin mining after a crackdown in China effectively eliminated the practice in the former cradle of the industry.Â
- by William Mathis
Avocado glut means you can now have a house and eat your smash too
Australia is swimming in avocados thanks to bumper harvests and months of stay-at-home orders that have kept people from splashing out on brekkie at their local café.
- by Sybilla Gross
As it happened: ASX declines 0.1%; banks and materials drag
The S&P/ASX 200 closed 0.1% lower, down 8.2 points to 7272.5, recording its third consecutive day of declines.
- by Lucy Battersby and Colin Kruger