US stocks have risen amid solid data on housing and consumer confidence and as reports of a $US17 billion ($A16.5 billion) Apple bond sale cheered investors.
Australian stocks have closed higher as ANZ's $3 billion plus half-year profit dragged its shares to record highs and the local market along for the ride.
US stocks rallied last week despite mediocre economic data and middling corporate earnings, revealing once again the power of the US policy regime of easy money and low interest rates.
Investors did not view the Australian dollar as a safe haven during the global financial crisis, despite the country’s strong economy, new research from Murdoch University suggests.
Gold prices have closed at their highest level in nearly two weeks, as investors drew confidence from data showing central banks' purchases of the precious metal in March while brisk demand for gold coins, jewellery and bullion bars in Asia continued.
US stocks have finished up more than one per cent despite a two-minute mini-crash caused by a false news agency tweet, with good earnings results from DuPont, Travelers and Netflix.
After four years advising Navitas founder Rod Jones as his biggest client, investment banker Jon Biesse is about to make the commitment full-time, stepping into the private world of business to run
The Australian share market has closed higher, boosted by a 10 per cent rise in the shares of Woodside Petroleum, which announced a $520 million return to shareholders.