AAP

A spike in global oil prices has propelled the Australian dollar higher.

The Australian share market has closed modestly lower as investors await Australian inflation data, a US decision on interest rates and US economic figures.

The federal government's future submarine project will be assembled in South Australia under French company DCNS, although there's still hope for Western Australian industry to win contracts.

Newcrest Mining has reaffirmed its full-year gold production guidance after its biggest mine returned to full production, helping to push up output.

The Australian share market has opened higher.

Gold has risen as a retreat in the US dollar helped to tempt back some buyers after the previous session's 1.3 per cent slide, but moves were muted ahead of a Federal Reserve policy meeting this week.

A dip in global oil prices has dragged the Australian dollar lower.

US stock prices have fallen due to weaker oil prices and disappointing company results, while the dollar has retreated on profit-taking ahead of central bank policy meetings in the United States and Japan later this week.

The share market's good run has come to an end due to falls among the big miners.

Liquidators have been appointed to chase down about $200 million in debts owed by Clive Palmer's failed Queensland Nickel enterprise.

The Australian share market has opened lower, mirroring overnight falls on Wall Street.

Oil prices have slipped as producers hinted at more output, while US stocks had their first loss in four sessions after a mixed bag of earnings reports.

Wall Street has suffered its first loss in four sessions after a mixed bag of quarterly reports and a warning by Verizon Communications that a strike by workers would likely impact its bottom line

The Australian dollar has plunged on the back of mixed economic data.

The suggestion Treasurer Mike Nahan threatened to quit if the privatisation of electricity utility Western Power was not contemplated has been shot down by the premier.

The share market has hit a new high for 2016 as energy and mining stocks continue to rally on higher commodity prices.

BHP Billiton spinoff South 32 has cut third quarter production at several businesses but remains on track to meet its full-year guidance across all its units.

Global miner BHP Billiton does not expect the current revival in iron ore prices, to a 10-month high of $US64.77 per tonne last night, to last long.

Construction giant CIMIC Group has reaffirmed its full-year guidance after it lifted first-quarter net profit 5 per cent.

Wesfarmers has flagged concerns that its discount retailer Target faces higher stock clearances and an ongoing decline in sales growth.

The Australian share market has opened higher.

Surging iron ore and commodity prices could maintain support for the Australian dollar and help it above the 78 US cent level.

Gold has steadied as a firmer tone to the US dollar has held gains in check, though silver extended gains to an 11-month peak, boosted by technical momentum and perceptions it is undervalued versus gold.

Oil prices have jumped as government data showed US crude stocks rose slightly less than expected last week, while the US dollar advanced against the euro ahead of a European Central Bank meeting.

Wall Street ended less than two per cent short of a record-high close as a rebound in oil prices added to optimism sparked by a raft of earnings reports.

A rally in iron ore prices has boosted the resources sector and pushed the share market higher.

Australia's corporate regulator will have a new commissioner with a special focus on prosecutions in the financial sector as part of a boost to its capabilities and funding.

BHP Billiton has cut its iron ore production target for the second time this year, on account of lower expected output at its operations in the Pilbara.

The Australian share market has opened sharply higher.

The S&P 500 climbed closer to a record high, lifted by energy stocks and a solid quarterly report from Johnson & Johnson. 

Gold rose as much as two per cent, silver hit a 10-month high and platinum climbed to its highest in six months, as the US dollar weakened after US data came in below forecasts.

Rising oil, copper and iron ore prices have helped push the Australian dollar to a fresh 10-month high.