Asia · Index · ^AXJO
S&P/ASX 200
8,731.20 AUD
−1.2(−0.01%)downPrevious close · 03:25 ET
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What this measures
Australia's benchmark index, the closest global comparator to Canada's resource-weighted market.
What moves it
- Iron ore, coal and gold prices.
- Reserve Bank of Australia policy and the Australian dollar.
The Canadian angle
Australia is Canada's mirror market: resource-weighted, bank-heavy and commodity-currency driven. Divergence between the two usually points to something Canada-specific, such as pipeline capacity or energy differentials.
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