Plunging iron ore prices have pulled miners and the ASX lower on a day in which investors rediscovered growth stocks such as technology, going against the recent reflation trade.
Australia's share market has produced gains despite some turbulent offshore influences, while Reserve Bank governor Philip Lowe may seize a chance to move the dollar lower on Wednesday.
Scott Morrison says he wants Anzac Day services to return to normal this year after the pandemic meant traditional services and marches had to be cancelled on the national holiday last year.
Inflation fears in the US forced the Australian share market to close lower, but not before investors gained some hope from China's decision to reinstate its economic growth target.
Big companies trading ex-dividend and a weak offshore lead dragged the Australian share market lower, while a fund manager saw risk in where the market may be headed.
Australia's share market has closed higher, as early optimism was reinforced by fourth-quarter economic data which showed a better than expected recovery from the coronavirus pandemic.
Australia's share market closed lower while investors were reassured low borrowing costs will remain for some time yet, after the Reserve Bank left the cash rate and other settings unchanged.
Australia's share market has closed higher, as commodity-based sectors thrived on investor belief that economic recovery is coming, helped by vaccines and US fiscal stimulus.
Australia's share market has closed lower but investors may have had greater losses if not for the US Federal Reserve assuring current policy settings will continue.
Rising commodities prices proved a talking point for a second consecutive day, and helped the Australian share market close higher and the dollar remain above 79 US cents.
Australia's share market had its biggest fall in more than three weeks, set in train from the US where worries continued over a struggling economy and inflation expectations.
