Oil prices gained 0.4 per cent in choppy trade on Wednesday, after a report showing a bigger-than-expected US crude stock build was offset by large distillate and gasoline inventory draws.
Gold prices have edged lower, pressured by a recovering US dollar and an expectation of higher interest rates, but supported by safe-haven buying after the sudden dismissal of US Secretary of State
The Australian share market has followed US markets lower amid uncertainty sparked by US President Donald Trump's sacking of Secretary of State Rex Tillerson and fears that the US may move to impose tariffs on some goods from China.
Oil futures fell more than one per cent on concerns over rising US production and as equities fell, erasing earlier gains driven in part by the firing of US Secretary of State Rex Tillerson.
Gold prices turned positive on Tuesday as the US dollar lost ground after news that US President Donald Trump replaced Secretary of State Rex Tillerson, while US inflation data was in line with for
The Australian share market has closed lower amid weakness across most sectors, with the miners the biggest drag following falls in commodity prices and a negative lead from US markets.
Oil prices fell as investors grappled with ongoing concerns over rising US output and tight OPEC supply, while last week's data showing speculators cut bets on oil suggested more selling could be s
Gold prices dipped on Monday as the previous session's upbeat US payrolls data sparked a fresh rally in equities, shoring up expectations that the US Federal Reserve would press ahead with further
Australian shares have closed higher after regional markets lifted on jobs data positivity out of the US and Australian markets strengthened on the exemption from US tariffs on imported steel and aluminium.
Australian shares have opened higher thanks to support from industrial commodities and after US stock indexes received a boost from jobs data which relieved fears of inflation and aggressive interest rate hikes.
The Australian dollar is higher after the release of strong US jobs figures and the news that there will be a summit between the leaders of the US and North Korea.
Oil prices rose nearly $2 on Friday, rebounding from two days of declines as Wall Street climbed on strong U.S. jobs data, while investors also grew hopeful that a planned meeting between U.S.
The Australian share market has closed higher as investors saw less of a chance of a global trade war after US President Donald Trump exempted Canada and Mexico from US steel and aluminium tariffs and suggested other allies, such as Australia, could also be exempt.
Australian shares have opened marginally higher after US indexes oscillated on Wall Street before President Donald Trump appeared to soften his stance on trade tariffs, easing trade war fears that had the market on edge for a week.
Oil prices fell on Thursday, headed for a second straight weekly drop on a stronger dollar, signs of an inventory build at the US storage hub in Cushing, Oklahoma, surging US crude production and i
US stocks have risen as fears of a trade war eased after President Donald Trump promised great flexibility toward the United States' "real friends" as he prepared to impose hefty import tariffs.
The Australian share market has gained ground as news of potential exemptions for some countries from proposed US tariffs on imported steel and aluminium eased concerns about a trade war.
Fourteen females have been inducted into the WA Women’s Hall of Fame today as part of International Women’s Day, while a new report out reveals a spike in female board appointments to start the year.
The Australian share market has opened higher as investors gained some reassurance that proposed US tariffs on imported steel and aluminium may contain some exemptions and thereby reduce the chance of a trade war.
The Australian dollar is slightly higher, as falls in US markets and worries over a possible trade war place a drag on any gains the currency might make.
Oil prices fell on Wednesday as financial markets slid amid concerns that Washington's plans for import tariffs could spark a trade war, and after US government data showed an increase in crude inv
Gold prices slipped on Wednesday on profit-taking after hitting a one-week high on news that a top economic advisor to the Trump administration had resigned, stoking fears of a trade war and knocki