Business

Movers

8@eight: ASX to shoot higher

Investors are playing it safe.

The local sharemarket is set to finish the week on a high, with futures pointing to sharp gains at the open.

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Investors are playing it safe.

8@eight: Soggy start in store for ASX

Despite further subdued moves in US equities, which ultimately sets Asia up for quite a soggy start, there have been a number of interesting macro factors worth exploring.

Shares had a surprisingly poor day on Tuesday after Woodside's "liquidity event" sparked wide-spread selling.

Woodside sell-down sparks ASX slide

A long-awaited "liquidity event" in Woodside Petroleum shares sparked selling across ASX bluechips and pushed the ASX 200 back below 6000 points.

Investors often use the Aussie as a liquid proxy for Chinese wagers, reflecting in part the Asian giant's position as ...

$A gets helping hand from domestic data

The Australian dollar crept away from four-month lows on Tuesday as a surprisingly strong survey of business activity at home helped salve the sting from disappointing Chinese data.

NBN Co earnt $405 million in revenue, compared to $181 million in the 2016/17 first quarter.

NBN quarterly revenue more than doubles

About 708,000 new homes and businesses joined the national broadband network in the September quarter, helping network revenue more than double compared to a year ago.

Currencies

Investors often use the Aussie as a liquid proxy for Chinese wagers, reflecting in part the Asian giant's position as ...

$A gets helping hand from domestic data

The Australian dollar crept away from four-month lows on Tuesday as a surprisingly strong survey of business activity at home helped salve the sting from disappointing Chinese data.

Wholesale Interbank Rates
Currencies Buys ($AU1) Sells ($AU1) $ Mvmt % Mvmt
AUD/USD 0.7567 0.7565 -0.0022fall -0.29% fall
AUD/EUR 0.6417 0.6413 -0.0033fall -0.51% fall
Updated: November 18, 2017 - 7:59AM