Oil prices peaked at highs not seen since 2014, built on the ongoing drawdowns in global supply and as Saudi Arabia looks to push prices higher, though US crude gave back gains in the afternoon to
The Australian share market closed higher for a fifth straight session, led by the mining and energy sectors, after commodity prices jumped on hopes of stronger economic activity in China, and low US oil stocks.
Oil futures jumped nearly three per cent on Wednesday on a decline in US crude inventories and after sources signalled top exporter Saudi Arabia wants to see the crude price closer to $US100 a barr
Gold prices rose to a one-week high on Wednesday on technical trading and some safe-haven demand even as the US dollar held on to gains and stocks rose on risk appetite.
Australian shares have opened higher after US stocks rallied on the back of some strong company earnings reports and as concerns over geopolitical tensions ease.
Gold prices turned positive on Tuesday as some investors held onto positions, while a sharper risk appetite benefited cyclical assets at bullion's expense as the US dollar's recovery from three-wee
Oil prices rose on Tuesday, as support from the possibility of supply disruptions and a strong equities market offset the effects of profit-taking following last week's rally above three-year highs
The Australian dollar is lower, coming under pressure after the release of weaker than expected Chinese economic growth and industrial production figures.
The Australian share market closed almost flat as early gains drifted away following the Reserve Bank's comments that the next interest rate movement will likely be up.
The Australian share market has opened higher after Wall Street shrugged off geopolitical concerns and focused on stronger-than-expected company earnings.
The Australian dollar is higher, after Wall Street closed on an upbeat note as optimism about the coming company earnings season overshadows the weekend's US-led missile attack on Syria.
Gold prices rose on Monday as losses in the US dollar bolstered, though gains were muted as financial markets bet that air strikes on Syria would not escalate into a wider conflict.
The Australian share market has closed in positive territory, led by the energy sector as investors rallied around hopes that tension in Syria and the China-US trade tiff have both peaked.
Australian shares have opened higher with investors more positive after expected conflict between America and Russia, following US-led strikes on Syria, failed to eventuate.
Oil prices rose on Friday, making the largest weekly gain since July, supported by concerns about the possibility of Western military action in Syria and reports of dwindling global oil inventories
The Australian share market has closed higher, after Wall Street rose on easing US-Russia tensions over Syria and investors looked for bargains in healthcare and resources.
The Australian dollar is slightly higher against a stronger US dollar which was buoyed by US President Donald Trump's more conciliatory trade comments, including the possibility of rejoining the Tr
Wall Street stocks bounced higher as expectations that lower US taxes would fuel corporate earnings added to easing of nerves over US military conflict with Russia in Syria.
