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The Australian dollar is lower as falling oil prices and a downgrade to the International Monetary Fund's (IMF) global growth forecasts weighs on market sentiment.
The ports of Dampier and Port Hedland have been reopened after the threat of a tropical cyclone developing off Western Australia's north coast eased off.
Western Australia's biggest iron ore producer, Rio Tinto, has reported record sales for 2014, on the same day that its major customer, China, announced its slowest rate of economic growth in 24 years.
Ports in Western Australia's north are being evacuated while residents prepare their homes for a possible cyclone that could bring strong winds to coastal areas.
Macquarie Group is on track to post its biggest profit in eight years, as the lower Australian dollar and improved market activity bolsters its earnings.
Copper prices extended their rebound on Friday, as some investors judged Wednesday's drop to five and a half year lows as too extreme despite continued worries about demand.
Gold prices extended their rally on Friday to lock in a 5 per cent gain for the week as worries about global growth and turbulence in currency markets spurred investment demand for haven assets.
Wall Street stocks have fallen for a fifth straight day following disappointing US bank earnings and a surprise move by the Swiss central bank to strengthen its currency.
The oil market has tumbled after OPEC said it produced more oil in December than its limit, despite sharply falling prices, and lowered its global demand outlook for its crude.
The Australian dollar has gone from strength to strength overnight, following upbeat local jobs figures and the Swiss central bank's decision to slash its interest rate.
When Janet was contacted by an engineer on a dating website last year, she thought she had found a nice, good-looking man who was fascinating to talk to on the phone.
The share market has fallen for a fourth straight day as a drop in commodity prices and a negative lead from US markets outweighed better-than-expected jobs figures.