Oil prices fell about one per cent after data showed US crude inventories unexpectedly rose 1.6 million barrels last week, weighing on market sentiment.
Gold prices have fallen more than one per cent as a US dollar bounce on US economic growth data pulled prices further from the previous day's near six-week peak, although softer equities markets ke
Australian shares have ended the session sharply lower, with broad losses across most sectors after a Facebook-led tech stock slump induced heavy overnight falls on Wall Street.
Oil prices were little changed on Tuesday, with Brent futures retreating after hitting $US71 a barrel, as the US dollar recovered from earlier losses and as the market continues to stagnate after s
Gold prices fell on Tuesday after hitting a near six-week high as the US dollar rose and risk appetite revived in global financial markets, but the precious metal remained underpinned by an array o
Australian shares have closed higher led by the big miners following strong overnight leads from Wall Street as fears of a trade war between the US and China receded.
Copper miner OZ Minerals has launched a $444 million takeover bid for Avanco Resources, sending shares in the Subiaco-based ASX-listed exploration company soaring.
US stocks have risen across the board as fears about a trade war between the US and China eased following reports that the two countries were willing to negotiate tariffs and trade imbalances.
Gold prices rose to more than five-week highs on Monday after the United States said it would expel 60 Russian diplomats, prompting investor flight into assets considered safe havens.
Gold miners were the one bright spot today as Australian shares fell back to levels not seen since mid-October, with almost every other sector in negative territory as worries of a protectionist trade war continue to weigh down global markets.
Australian shares have started the day lower, following a plunge in industrial metal prices and US stocks amid ongoing concerns of a possible trade war between the US and China.
The Australian dollar is back where it finished the local session on Friday, managing to hold its ground despite falls in base metals prices and US stocks.
Crude prices on Friday hit their highest level since late January after the Saudi energy minister said OPEC and allied producers would need to keep coordinating supply cuts into 2019, and as concer
Australian shares have plunged to a six-week low after fears of a US-China trade war, with Bluescope Steel and a number of local resources stocks suffering the worst impact.
Australian shares are sharply lower after the Trump administration slapped sanctions on $US48 billion worth of Chinese imports, and imposed restrictions on Chinese investment.
Oil prices have dropped after investors took profits after this week's rally and as US stock markets fell, but losses were limited by the continuing efforts of OPEC and its allies to curb supplies.
US stocks have fallen about 1 per cent on the growing threat of a global trade war as the Trump administration plans to impose import tariffs on China and as technology stocks stayed under pressure
Western Australia has continued its trend of marginal population growth, with the state registering growth of 0.9 per cent for the 12 months to September, as interstate migration remains in negative territory.
The Australian share market is trading lower after US stocks dropped in late trade following the US Federal Reserve's first interest rate hike for the year.
The Australian dollar has rallied almost one US cent, after the US Federal Reserve raised its interest rate for the first time this year and paved the way for more rate hikes later this year.
