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Economics

Market wrap

The Australian sharemarket is lower in the wake of a surprise move by the Swiss central bank to strengthen its currency.

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Read more: Australia,  Economics,  AEDT,  AM Best,  ANZ,  BHP Billiton,  CMC Markets market strategist Michael McCarthy,  Commonwealth Bank,  December,  Dow Jones Industrial Average,  European Central Bank,  Fortescue Metals,  Mr McCarthy,  National Australia Bank,  OPEC,  QBE,  Rio Tinto,  Santos,  Switzerland,  Thursday,  US bank earnings,  Wall street,  Westpac,  Woodside Petroleum