The Australian share market has closed lower as investors await a decision overnight on interest rates from the US Federal Reserve, and also the European Central Bank.
The Australian share market has opened lower, hurt by financial, material and energy stocks following mixed leads from offshore and as investors await the outcome of the US Federal Reserve meeting.
The Australian dollar is lower after the US currency strengthened following a report that Federal Reserve chair Jerome Powell was considering more post-meeting press conferences.
Oil prices have closed mixed, with US crude settling higher before falling in post-settlement trading, and Brent slipping as investors prepared for a key meeting of the OPEC producer group next week.
Gold prices remain locked just below $US1,300 an ounce as investors wait for clues on the pace of US interest rate rises following the impending conclusion of a Federal Reserve policymaking meeting.
The Australian share market edged higher, supported by energy, healthcare and consumer-exposed stocks, as US President Donald Trump and North Korean leader Kim Jong-un held talks aimed at denuclearisation of the Korean peninsular.
Australia shares have opened flat despite a strong lead from major international markets, ahead of the Singapore summit between US president Donald Trump and North Korea leader Kim Jong Un.
Oil prices are little changed as comments from the Iraqi oil minister casts doubt as to whether the Organization of the Petroleum Exporting Countries will decide to boost output at its upcoming meeting.
Gold has inched higher, as investors anticipate the US central bank monetary policy meeting this week that is expected to boost interest rates, and ahead of a US-North Korea summit.
Perth business figures Erica Smyth, Peter Fitzpatrick, Danielle Blain and David Hohnen are among this year’s local recipients of the Queen’s Birthday awards.
The Australian share market is lower after upbeat sentiment on Wall Street and Europe's key share markets dried up and investors await a key G7 meeting that starts tonight (AEST).
The Australian dollar is lower against a weakened US dollar and the other major currencies, while market risk sentiment has flipped from upbeat to downbeat when Wall Street opened with no obvious reason.
Global benchmark Brent crude has surged nearly $US2 a barrel, lifted by concern about a steep drop in exports from Venezuela and worries OPEC may not raise production at its June meeting.
US dollar weakness has helped boost gold prices, but gains were limited as the market awaited clues from next week's meeting of the Federal Reserve on the pace of US interest rate rises.
Australian shares have closed higher for the second consecutive day, with broad-based gains led by the miners and supported by the energy and financial sectors.
Oil prices have fallen on worries that global supply is climbing after US inventories rose unexpectedly and Saudi Arabia and other big producers signaled that they may increase output.
Gold prices have stayed steady, see-sawing in a narrow range as a weaker US dollar and trade tensions provide support but investor anticipation of a US rate hike next week weighs on prices.
Higher prices for iron ore and oil and stronger-than-expected economic growth figures have helped boost the Australian share market and Australian dollar.
