The Australian share market has closed higher as fears of an escalating China-US trade war eased, at least for now, and Australia's big four banks made gains.
The Australian dollar is higher, after confidence on financial markets got a boost by statement from US government that it is prepared to negotiate with China to ease escalating trade tensions.
Oil prices settled slightly lower on Wednesday, as a surprise draw in US crude stockpiles triggered a rebound from session lows hit after China proposed a broad range of tariffs on US exports that
Gold prices eased from a one-week high, but still remained up on Wednesday, as the US dollar dipped versus the yen and share markets faltered after China retaliated against a US move to slap tariff
The Australian share market has ended Wednesday with a late move into positive territory, recovering from a midday slump to catch up with a strong overnight lead from Wall Street.
Oil prices have edged higher, supported by a recovery in the equities market and on a technical bounce for crude after the biggest daily percentage drop in almost a year, but Brent futures stayed w
Gold prices fell on Tuesday as US stock markets stabilised, easing fears of a deeper selloff, and the US dollar strengthened, making bullion more expensive for users of other currencies.
The Australian share market has closed slightly weaker but avoided most of the impact of an overnight fall in US tech stocks that has weighed on Asian markets.
Australian shares have opened lower after the major Wall Street stock indexes were dragged down by heavy falls in technology shares and resurgent trade war worries.
A sell-off in technology majors has deepened, wiping out the tech-heavy Nasdaq index's gains for the year and pushing the benchmark S&P 500 below a closely watched technical level for the first
The Australian share market has closed lower, with weakness among mining and energy stocks and a dip in ANZ outweighing modest gains elsewhere for the big banks in lacklustre pre-Easter trading.
Australian shares have eased into positive territory at the open of trade ahead of the Easter break, following a choppy session overnight, where tech giant Amazon led late falls on the technology laden Nasdaq index.
The Australian dollar has hit a three-month low as US stocks appear on track to post another day of losses, and base metal prices also suffered losses.
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.
