AAP

The Australian share market has opened higher.

Oil prices have extended gains after Turkey's armed forces said they'd taken power in the country, igniting concerns about potential disruptions to shipments along one of the world's busiest shipping routes.

Gold has fallen on improving global risk sentiment and a stronger US dollar after better-than-expected US data.

The Australian dollar has reversed gains made after a short-lived spike sparked by a flurry of strong Chinese economic data.

Expectations of more economic stimulus from central banks and better-than-expected Chinese economic growth figures have helped lift the Australian share market to its highest level in 11 months.

The state government plans to cancel a new environmental review of the controversial Roe 8 highway extension project after winning a legal appeal today, but it remains unclear when contracts for the project will be awarded.

The Australian share market has opened higher.

The Australian dollar has held onto gains driven by official June jobs report.

Financial stocks have led the S&P 500 and the Dow industrials to record highs after JPMorgan's strong quarterly results, while upbeat economic data cemented bets that the current rally on Wall Street can chug along.

Oil prices have risen close to two per cent as traders cover short positions a day after crude futures were hammered by data showing weak US fuel demand in a busy summer driving season that heightened fears about a global oil glut.

A long-awaited state government report on the future of remote indigenous communities doesn't overtly refer to closures controversially flagged in late 2014, but promises to direct funding towards 10 of the biggest.

The share market has closed higher for a sixth straight session as investors see better value in the equity market than in bonds.

Brazilian federal prosecutors say they have opened an investigation into alleged environmental crimes by Roberto Carvalho, chief executive of BHP Billiton co-owned company Samarco Minerao SA, over a deadly damburst last year.

Iron ore miner Fortescue Metals Group has topped its full-year production guidance of 165 million tonnes.

Woodside Petroleum has agreed to buy ConocoPhillips' stake in three deepwater oil blocks off the coast of Senegal for $US350 million ($A460 million).

The Australian share market is up for a sixth straight day, supported by retail and financial companies, plus biotech giant CSL.

Gold has risen one per cent, recovering from its lowest in nearly two weeks, as prospects for further economic stimulus helped to bolster investor appetite while the US dollar remain flat.

US stocks have ticked up, just enough for the S&P 500 and Dow industrials to set record highs, with investors expecting upbeat earnings to keep the rally going.

The Australian dollar is slightly higher on the back of mixed Chinese trade data and ahead of the release of Australia's official June jobs report.

The Australian share market has closed moderately higher, and is up for the fifth straight session, as concerns over Brexit ease, but investors are cautious.

Dick Smith's management focused on increasing revenue at the expense of sustainable growth, administrators for the failed electronics retailer says.

The Australian share market has opened higher.

Oil prices have surged five per cent, as investors' covering of short positions and a technical rebound helps lift the market from two-month lows, before dropping back.

Gold has seen its biggest one-day fall in three weeks as global equities rallied on easing political uncertainty in Britain and hopes for more economic stimulus, which in turn curbed demand for assets perceived as safe havens.

The Australian dollar is higher as improved risk appetite sweeps global markets.

The Australian share market has closed slightly higher, led by financial heavyweights and mining giant BHP Billiton following a record close on Wall Street.

Indian business couple Pankaj and Radhika Oswal paid two advisers $US26 million ($A34.5 million) in hush money to hide what was really going on at their Australian fertiliser business, a court has heard.

Optus will refund $2.4 million to around 175,000 of its mobile phone insurance customers for failing to properly advise them about the product they'd bought.

The Australian share market has opened half a per cent higher.

The Australian dollar is weaker after global central banks signalled a new round of money printing.

Oil prices have fallen more than one per cent, hitting two-month lows on extended selling after the market's break below a key technical support level last week due to oversupply fears.

Gold has fallen as stock markets rally on the back of Friday's stronger-than-expected US jobs data and the prospect of more monetary stimulus from central banks, while the US dollar rose against a basket of currencies.