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Australian Markets

Australian Markets

NEW YORK, NY - AUGUST 31: A trader works on the floor of the New York Stock Exchange during the afternoon of August 31, 2015 in New York City. After a volatile day of trading the Dow Jones Industrial Average closed more than 100 points down. Andrew Burton/Getty Images/AFP == FOR NEWSPAPERS, INTERNET, TELCOS & TELEVISION USE ONLY ==

Australian market set to open lower

THE Australian market looks set to open lower after Wall Street fell with investors worried over the potential impact of China’s slowdown.

Australian Markets

Specialist Jorge Fernandez, left, and trader James Riley work on the floor of the New York Stock Exchange, Friday, Aug. 28, 2015. U.S. stocks are opening slightly lower after a sharp two-day surge, as the stock market closes out a wild week. (AP Photo/Richard Drew)

Australian market set to open higher

THE Australian market looks set to open higher following a muted session on Wall Street after Moody’s slashed its 2016 growth forecast.

Australian Markets

Andrew Silverman, left, and a fellow trader work on the floor of the New York Stock Exchange, Thursday, Aug. 27, 2015. U.S. stocks closed sharply higher after China's main stock index logged its biggest gain in eight weeks. The Dow Jones industrial average climbed 369.26 points, or 2. 3 percent, to 16,654.77. (AP Photo/Richard Drew)

Australian market set to open higher

THE Australian market looks set to open higher after gains on international markets, with good economic data also helping to boost US and European shares.

Australian Markets

A man watches the ASX trading board in Sydney on Tuesday, Aug. 25, 2015. After an initial 1.5 per cent plunge, the S&P/ASX 200 and the All Ordinaries which pulled both indices below 5,000 points, a recovery among key heavyweight bank stocks pushed the market back into positive territory. (AAP Image/Paul Miller) NO ARCHIVING

Australian shares closer higher

THE Australian share market has closed higher, posting its strongest gains in the health care sector, led by private hospitals operator Ramsey Health.

Australian Markets

Trader Gregory Rowe works on the floor of the New York Stock Exchange, Wednesday, Aug. 26, 2015. U.S. stocks closed sharply higher, giving the stock market its best day in close to four years. The Dow Jones industrial average climbed 619 points, or 4 percent on Wednesday. (AP Photo/Richard Drew)

Australian market set to open higher

THE Australian market looks set to open higher, following strong gains on Wall Street.

Australian Markets

Red wallet and Australian cash. Picture: iStock.

Market chaos will hit your wallet

STOCK market turmoil and the low Australian dollar are here to stay. Experts warn it spells bad news for your wardrobe, holiday plans and super account.

Australian Markets

Market gains are displayed on the ASX trading board in Sydney on Tuesday, Aug. 25, 2015. After an initial 1.5 per cent plunge, the S&P/ASX 200 and the All Ordinaries which pulled both indices below 5,000 points, a recovery among key heavyweight bank stocks pushed the market back into positive territory. (AAP Image/Paul Miller) NO ARCHIVING

Market recovers as China rises

THE share market has followed other Asian markets higher as investors continue to take advantage of bargains created by Monday’s huge fall.

Australian Markets

NEW YORK, NY - AUGUST 25: Traders work on the floor of the New York Stock Exchange (NYSE) on August 25, 2015 in New York City. Following a day of steep drops in global markets, the Dow Jones industrial average rallied early in the day only to fall over 200 points at the close. Spencer Platt/Getty Images/AFP == FOR NEWSPAPERS, INTERNET, TELCOS & TELEVISION USE ONLY ==

Australian stocks slip 1 per cent

AUSTRALIAN stocks slipped one per cent at this morning’s open after a European and US market rally fizzled out on Wall Street.

Australian Markets

FILE - In this Monday, Aug. 24, 2015, file photo, trader John Santiago, center, works on the floor of the New York Stock Exchange. Conversations Monday with roughly a dozen everyday Americans suggest that people generally expect stock prices to rebound, just as they have after previous swoons. (AP Photo/Richard Drew, File)

Is now actually a good time to buy?

AUSTRALIAN shares have staged a staggering rally today, shaking off further sharp falls in China. So could now be a good time to buy?

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A trader on the floor of the New York Stock Exchange reads from his monitor August 24, 2015 in New York. US stocks finished sharply lower Monday, but far above the session's floor, following a bruising day in global financial markets sparked by mounting worries over the Chinese economy. US stocks have now dropped five straight days, but analysts warned of more turmoil possibly ahead. AFP PHOTO/DON EMMERT

Australian market set to open lower

THE Australian market looks set to open almost four per cent lower after international markets plummeted on further concern over China’s slowing economy.

A man is seen in a reflection to stop to look at the electronic share board at the Australian Stock Exchange (ASX) in Sydney, Monday, Aug. 24, 2015. The ASX 200 has dipped below 5100 points for the first time in 18 months, as the big banks continue to bear the brunt of fear selling and with the big miners also getting hit on continued weakness in commodity prices. (AAP Image/Dan Himbrechts) NO ARCHIVING

Bloodbath brings back GFC fears

GLOBAL markets are in meltdown with losses approaching those not seen since the GFC. Should we be worried? Absolutely.

A man watches a share prices board in Tokyo on August 24, 2015. Japan's share prices dropped 623.34 points at the morning session of the Tokyo Stock Exchange, swept lower in a global equities rout as worries about China's economy deepen. AFP PHOTO / Yoshikazu TSUNO

Sharemarket — further falls likely

CHINA’S fall is just one of several negative forces that have seen Australian shares take their biggest tumble since the global financial crisis.

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Australian Markets

The Australian Stock Market suffered huge losses today. Images of the ASX in Bridge St, Sydney. Picture: Toby Zerna

ASX ends worst day since GFC

A STAGGERING $70 billion was wiped from the Australian share market today in its most tumultuous day in years, as China’s market plunged.

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NEW YORK, NY - AUGUST 21: A trader works on the floor of the New York Stock Exchange (NYSE) on August 21, 2015 in New York City. The Dow fell over 500 points in trading today as global markets continue to react to economic events in China. Spencer Platt/Getty Images/AFP == FOR NEWSPAPERS, INTERNET, TELCOS & TELEVISION USE ONLY ==

Australian market set to open lower

THE Australian market looks set to open sharply lower following significant falls on international markets.

Taylor Swift performs during her 1989 World Tour in Vancouver, B.C., on Saturday, August 1, 2015. THE CANADIAN PRESS/Jonathan HaywardTaylor Swift performs during her 1989 World Tour Saturday, Aug. 1, 2015, in Vancouver, British Columbia. (Jonathan Hayward/The Canadian Press via AP) MANDATORY CREDIT

What Tay Tay teaches us about money

SHE’S not just handy with a pop tune. Turns out Taylor Swift has some wise words about money, too, says one expert.

Specialist Jay Woods, right, works with traders at his post on the floor of the New York Stock Exchange, Thursday, Aug. 20, 2015. The Dow Jones industrial average slid 358 points, 2.1 percent, to 16,990. (AP Photo/Richard Drew)

Australian market set to open lower

THE Australian market looks set to open lower after Wall Street fell with the Dow dropping to its lowest level for 2015.

NEW YORK, NY - AUGUST 19: Traders work on the floor of the New York Stock Exchange during the afternoon of August 19, 2015 in New York City. Stocks closed more than 100 points down as turmoil in Chinese markets continue to weigh down U.S. markets. Andrew Burton/Getty Images/AFP == FOR NEWSPAPERS, INTERNET, TELCOS & TELEVISION USE ONLY ==

Australian market set to open lower

THE Australian market looks set to open lower following losses on Wall Street amid growing fears about the slowing Chinese economy.

Traders work on the floor of the New York Stock Exchange, Tuesday, Aug. 18, 2015. U.S. stocks are lower in early trading after China's main index had its biggest fall since late July. (AP Photo/Richard Drew)

Australian market set to open higher

THE Australian market looks set to open higher, despite falls on Wall Street following a mixed batch of earnings from retailers.

Trading on the floor of the New York Stock Exchange October 28, 2008 in New York. Wall Street rallied at the open Tuesday as global stock markets rebounded strongly from heavy losses a day earlier on hopes for fresh cuts in interest rates and an easing of the credit crisis. The Dow Jones Industrial Average jumped 210.03 points (2.57 percent) to 8,385.80 in the first 10 minutes after Monday's late sell-off that pushed blue chips down more than 200 points. AFP PHOTO/DON EMMERT

Australian market to open higher

THE Australian market looks set to open higher, following Wall Street’s rise as gains by Apple and Disney lifted the Dow ahead of the release of the Federal Reserve’s minutes.

Trader John Song works on the floor of the New York Stock Exchange, Thursday, Aug. 13, 2015. Global stocks are steadying as the decline in China's currency slowed and the country's central bank tried to ease fears of more big declines. (AP Photo/Richard Drew)

Australian market set to open higher

THE Australian market looks set to open higher following gains on Wall Street following solid US data on wholesale prices and industrial production.

Trader John Song works on the floor of the New York Stock Exchange, Thursday, Aug. 13, 2015. Global stocks are steadying as the decline in China's currency slowed and the country's central bank tried to ease fears of more big declines. (AP Photo/Richard Drew)

Australian share market opens flat

THE Australian share market opened flat as wary investors eye off Chinese currency devaluations.

Specialist Michael McDonnell, right, works at his post on the floor of the New York Stock Exchange, Wednesday, Aug. 12, 2015. Another drop in China's currency sent global markets mostly lower on Wednesday as the move raised worries about the world's second-largest economy, but U.S. stocks recovered most of their losses in late trading. (AP Photo/Richard Drew)

Share market rebound continues

THE Australian share market has rebounded on the back of gains by resources and banking stocks.

Trader Anthony Riccio works on the floor of the New York Stock Exchange Tuesday, Aug. 11, 2015. U.S. stocks opened lower on Tuesday, led by declines in energy and materials stocks as commodities prices dropped. Prices for oil and copper fell sharply after China's government lowered the value of its currency, suggesting weakness in the world's second-largest economy. (AP Photo/Richard Drew)

Australian share market opens flat

THE Australian sharemarket has opened flat, shrugging off recent falls on global share markets on the back of China’s surprise devaluation of its currency.

A teller counts yuan banknotes in a bank in Lianyungang, east China's Jiangsu province on August 11, 2015. China's central bank on August 11 devalued its yuan currency by nearly two percent against the US dollar, as authorities seek to push market reforms and bolster the world's second-largest economy. CHINA OUT AFP PHOTO

Australian dollar hit by yuan shock

THE Australian dollar has lost more than one US cent after China made the surprise decision to devalue its currency by almost two per cent.

Trader David O'Day works on the floor of the New York Stock Exchange Thursday, Aug. 6, 2015. U.S. stocks edged modestly lower in early trading as investors look over the latest deal and earnings news. Sliding oil prices pulled stocks in energy companies lower. (AP Photo/Richard Drew)

Australian share market recovers

THE Australian share market has continued its recovery from Friday’s rout, moving higher on the back of gains by key stocks and strong leads from Wall Street.

NEW YORK CITY, NY - AUGUST 06: A trader works on the floor of the New York Stock Exchange (NYSE) on August 06, 2015 in New York City. The Dow Jones industrial average fell 120 points today as Wall Street braces for Friday's employment report which will give a more solid indication of the timing of a rate hike by the Federal Reserve. Spencer platt/Getty Images/AFP == FOR NEWSPAPERS, INTERNET, TELCOS & TELEVISION USE ONLY ==

Australian market set to open flat

THE Australian market looks set to open flat after Wall Street fell following a slightly weaker-than-expected jobs report.

Australian Markets

NEW YORK CITY, NY - AUGUST 06: Traders work on the floor of the New York Stock Exchange (NYSE) on August 06, 2015 in New York City. The Dow Jones industrial average fell 120 points today as Wall Street braces for Friday's employment report which will give a more solid indication of the timing of a rate hike by the Federal Reserve. Spencer platt/Getty Images/AFP == FOR NEWSPAPERS, INTERNET, TELCOS & TELEVISION USE ONLY ==

Australian market set to open lower

THE Australian market looks set to open lower after falls on Wall Street where stocks were dragged down by media company results.

NYSE Group President Tom Farley, center, stands among traders on the trading floor, Wednesday, Aug. 5, 2015. U.S. stocks are rising in early trading, shaking off a three-day slump, as the latest round of company earnings news brought several positive surprises. (AP Photo/Richard Drew)

Australian market set to open higher

THE Australian market looks set to open higher after US stocks finished mostly higher following mixed economic data.

Specialist Brain Fairbrother, left, and trader Timothy Nick work on the floor of the New York Stock Exchange, Tuesday, Aug. 4, 2015. Stocks are mostly higher in early trading as investors focus on the latest earnings and deal news. (AP Photo/Richard Drew)

Australian market set to open lower

THE Australian market looks set to open lower after falls on Wall Street following a mixed batch of earnings reports.

NEW YORK, NY - AUGUST 03: A trader works on the floor of the New York Stock Exchange during the afternoon of August 3, 2015 in New York City. As oil drops below $50 a barrel stocks have plunged nearly 100 points. Andrew Burton/Getty Images/AFP == FOR NEWSPAPERS, INTERNET, TELCOS & TELEVISION USE ONLY ==

Australian market set to open flat

THE Australian market looks set to open flat after Wall Street fell following a big drop in oil prices.

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Original URL: https://www.news.com.au/finance/markets/australian-markets/page/67