Money Aussie shares extend losses as banks weigh; New Zealand hits five-week closing low

01:21  12 january  2018
01:21  12 january  2018 Source:   Reuters

Hawks beat NZ to stay in NBL finals race

  Hawks beat NZ to stay in NBL finals race The Illawarra Hawks bounced back from last week's collapse against Melbourne United with a resounding 90-79 home win over the New Zealand Breakers. The Illawarra Hawks kept in touch with the NBL front-runners with Saturday night's convincing 90-79 defeat of the New Zealand Breakers.After blowing an 18-point lead in last week's heartbreaking loss to Melbourne United, the fifth-placed Hawks bounced back with a defiant performance to claim their ninth win of the season.

Forex - Aussie weakens more as RBA Kent comments weigh , China data noted. Dollar nurses losses after Fed's Brainard quells September rate hike talk. Dollar hits fresh 5 - week lows vs. other majors. Euro hits five - week high, yen up after stimulus announced.

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a close up of person: FILE PHOTO - Investors are reflected in a window as they talk in front of a board displaying stock prices at the Australian Securities Exchange in Sydney, Australia© REUTERS/Steven Saphore FILE PHOTO - Investors are reflected in a window as they talk in front of a board displaying stock prices at the Australian Securities Exchange in Sydney, Australia Australian shares extended losses to a second session on Thursday, led by declines in financials, after a report that China may dial down purchases of U.S. government debt rattled Wall Street.

The S&P/ASX 200 index (.AXJO) fell 0.5 percent, or 29.1 points, to 6,067.60. The benchmark lost 0.6 percent in the previous session.

The three major indexes on Wall Street snapped a six-session rally on Wednesday as investors grew jittery after Bloomberg reported that China, the world's biggest foreign holder of U.S. Treasuries, could slow or halt U.S. government bond purchases. [.N]

Aussie dollar teeters on the edge of 79 US cents

  Aussie dollar teeters on the edge of 79 US cents The Australian has extended the lift it gained from strong retail trade figures on Thursday, and is heading toward the 79 US cent mark.At 0635 AEDT on Friday, the Australian dollar was worth 78.92 US cents, up from 78.74 US cents on Thursday.

Something did not respond fast enough, that's all we know

US Dollar Hits 1-Month High as Aussie and NZ Dollars, Yen Suffer.

Australia and New Zealand Banking Group (ANZ.AX) finished 0.2 percent weaker at its lowest close in a week, while Westpac Banking Corp (WBC.AX) and Commonwealth Bank of Australia (CBA.AX) fell 0.5 percent and 0.4 percent, respectively.

Materials stocks reversed early gains in the session to end lower, with heavyweight BHP Billiton Ltd (BHP.AX) slipping 0.4 percent.

Australia's Port Hedland iron ore terminal, used by the nation's top miners, has begun clearing all vessels in its harbour as a tropical storm intensifies off the western Australian coast.

NZX in Auckland© Shutterstock NZX in Auckland Meanwhile, New Zealand's benchmark S&P/NZX 50 index (.NZ50) registered broad losses and dropped 1.4 percent to finish at 8,250.44, its lowest close since Dec. 8.

Dairy firm A2 Milk Company (ATM.NZ) shed 4.4 percent to touch a near two-month closing low, while Auckland International Airport (AIA.NZ) dropped 2.3 percent, hitting its lowest close in six weeks.

(Reporting by Devika Syamnath in Bengaluru; Editing by Amrutha Gayathri)

Zverev hits Kyrgios in mouth then lies with him on court .
The Fast4 tennis is meant to be an exhibition match isn't it?One of the weirder and more light hearted tennis moments you will see has ended with Alexander Averev lying with Nick Kyrgios on the court after the Russian smashed him in the mouth.

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