The Australian dollar has bounced back from the three month low it hit on Monday, despit heavy falls on Wall Street, but following a bounce in gold prices.
Oil prices slipped on Monday as Wall Street slid more than one per cent and energy market investors remained wary of growing crude supply, although tensions between Saudi Arabia and Iran gave price
Gold prices turned positive on weakness in equity markets after touching their lowest in more than two weeks on Monday ahead of a US central bank meeting that could raise interest rates and signal
The Australian share market has closed slightly higher on Monday, helped by positive leads from US and European markets but the Australian dollar has taken a beating from lower commodity prices and the anticipation of higher US interest rates later this week.
The Australian dollar has fallen to its lowest level since Christmas, as metals prices fall on the back of worries about a possible international trade war.
Oil prices jumped on Friday, with Brent crude futures hitting their highest in more than two weeks as US stock prices rose and investors covered short bets ahead of a weekend in which the US news p
Gold prices are lower, as the metal is weighed down by a stronger US dollar and expectations that the US Federal Reserve will raise interest rates next week for the first time this year.
Australian shares have closed higher, led by a surge of support for consumer-related stocks following Wesfarmers' announcement of plans to spin off supermarket giant Coles.
Australian shares have opened comfortably higher, buoyed by news that Wesfarmers plans to spin off supermarket giant Coles, and after the Dow Jones index in the US made a strong surge on easing fears of an international trade war.
The Australian dollar has hit a one-week low against a strengthening US dollar after comments from Donald Trump's new economic advisor Larry Kudlow that the president favours a stronger US dollar.
Oil prices edged higher in choppy trade, after the International Energy Agency said global oil demand is expected to pick up this year, but warned supply is growing at a faster pace.
Gold prices have dipped, under pressure from a stronger US dollar, although tensions between Britain and Russia limited the precious metal's decline a day after it hit a one-week high.
Updated: The search for the trainee pilot of a helicopter that crashed in open water off Port Hedland has ended after the wreckage and the missing pilot were found.
The Australian dollar is only marginally higher, as falls on Wall Street weigh on the currency, after US President Donald Trump moved to impose new tariffs on China, raising fears of a trade war.
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.
