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Gold prices have notched their sharpest gain in nearly five months after data showing weaker-than-expected October jobs growth spurred investors to close out bets against the precious metal.
Westfield's shopping centres owner Scentre Group has sold Singapore's sovereign wealth fund GIC a 49 per cent stake in five New Zealand centres worth a total $NZ2.1 billion ($A1.96 billion).
Construction workers plan to protest outside the Federal Court in Perth today as dozens of their colleagues face big fines for downing tools to attend a rally.
Oil prices have fallen after OPEC, supplier of a third of the world's crude, cut its longer-term production forecasts in the face of rising North American shale output.
Gold has sunk to a fresh four-and-a-half-year low as brighter US economic data bolsters the US dollar and European Central Bank President Mario Draghi hinted at a more aggressive stimulus program.
Australia's unemployment rate was at a near 12-year high in October but, on the plus side, economists are rebuilding their faith in the accuracy of the figures.
The Dow and S&P 500 have both closed at fresh records after the Republicans took power in both US Houses of Congress and lifted hopes for pro-business policies.
US oil futures have sharply rebounded from the prior day's dive after the US petroleum inventories report showed a smaller-than-expected increase in crude oil supplies.
Gold and silver prices have sunk to four-and-a-half-year lows, weighed down by a soaring US dollar and expectations of more stimulus from the world's largest economies.
It may be a while before the official employment data will be fully trusted but other indicators show that things are looking a bit better for job seekers.
Business leaders' confidence in the Abbott government has slumped to the lowest level since the coalition won power, with almost two-thirds seeing no benefit in scrapping the carbon tax.