Markets Spectator

China shares open 1.35% higher

by AAP
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Shanghai Composite begins in the black extending a rally after an interest rate cut earlier in the week.

Woolworths’ falling profit highlights comprehensive struggles

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Watch: The first real challenge for Gordon Cairns' new management team is simply deciding where to begin in cleaning up the stalled retailer.

Aust stocks rally 1% at open

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Local market begins well into the black after strong US GDP data pushed global markets higher.

Aust dollar lifts on commodities

by AAP
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Surge in price of oil, base metals helps local unit move well clear of US71c mark.

Iron ore ends winless streak

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Commodity enjoys first positive session in two weeks as Chinese concerns tempered.

Aust stocks set to open higher

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Local market expected to gain almost 2% after strong showing on offshore markets.

Scoreboard: Oil spurt

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Markets on both sides of the Atlantic surged following the release of revised US growth data, while oil staged a stunning 10 per cent rally.

A dismal earnings season signals the need for a circuit breaker

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In the wake of a gut-wrenching earnings season and a roller-coaster ride on the market, it's time the government unleashed a wave of infrastructure investment to reignite confidence.

Wall Street surges 2% after GDP print

US stocks rise sharply at close as data suggest US economy remains in good shape.

Oil prices see stunning 10% rally

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Crude surges as strong economic data encourages bargain-hunters to step in.

Copper soars over 4% at close

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Chinese market rally helps drive commodities sharply higher across the board.

European stocks rise on US data

by AFP
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Key EU markets surge into the close as investors welcome signs of strength in US economy.

Gold edges higher on shifting US rate expectations

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Receding expectations of Fed hike in September supports yellow metal.

Russia 'can weather oil price plunge'

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Economy Minister says Russia's financial system can withstand price plunge to $US40 a barrel.

PBoC uses complex tool to tame yuan

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Large derivatives intervention pushes USD-yuan forex swaps sharply down.

Hong Kong stocks soar 3.6%

by AFP
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Hang Seng surges after Wall Street lead boosted global sentiment.

European stocks open 2.5% higher

by AFP
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Regional benchmarks jump in line with global rally.

China stocks jump over 5%

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Shanghai Composite leads Asian markets higher, after surging in late afternoon.

Aust dollar reverses gains in afternoon

by AAP
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Unit trades marginally lower as investors eye softness in non-mining capex.

China sets yuan at 4-yr low

by AFP
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Move seen to reflect reduced expectations for the unit following earlier devaluation.

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