Volatility spreads to the Australian share market, dropping to its lowest value since December 2016 after an aggressive sell-off on Wall Street.
Volatility is becoming the new norm on stock markets, with Australian shares set to follow Wall Street's plunge over fears of a US recession and rate hikes.
Wall Street quickly loses its momentum in a temperamental session, as investors focus on the negatives. Meanwhile, the European Central Bank has decided to end its economic stimulus scheme.
The Australian dollar falls sharply against the British pound after traders correctly bet Theresa May will survive a leadership spill, and as Wall Street rebounds from a lack of "bad news" overnight.
US President Donald Trump's latest threats to shut down the government, unless Democrats agree to fund the Mexico border wall, leads to a surge in volatility on Wall St overnight.
Many metropolitan business have got cooperatives down to a fine art, but it's in the bush that the business model can have a real and lasting impact.
Theresa May's decision to postpone an important vote on her Brexit deal sparked fresh volatility in global markets, and led to the Australian dollar's surge against a falling pound.
The local share market falls to its lowest point in 24 months, amid souring US-China trade tensions and a gloomy outlook for the local economy.
As volatility in stock and property markets extends into the tail end of 2018, it's becoming increasingly obvious that global finance is at an inflection point, writes Ian Verrender.
The Reserve Bank may cut interest rates, sink the Australian dollar and increase the supply of money to save the economy, its deputy governor concedes.