The Australian share market is sharply higher in early trade after gains of more than one per cent on US markets overnight and amid a plethora of ASX-listed company results.
Oil prices have rebounded after US crude stocks rose less than expected and Saudi Energy Minister Khalid al-Falih said major oil producers would prefer tighter markets than to end supply cuts too early.
Gold prices have climbed nearly two per cent, rebounding from early losses that followed stronger-than-expected US inflation data, as the dollar surrendered gains and equities swung higher.
The Australian share market weakened as caution ahead of the release of key US inflation data outweighed better than expected earnings reports from several companies.
Oil prices are flat, bouncing back from an early slide as the US dollar fell to a one-week low, which encouraged buying of US dollar-denominated crude at session lows.
Gold prices have risen as the US dollar has slipped and markets anticipate the release of impending US inflation data that may offer some clues on the pace of future Federal Reserve interest rate increases.
A unique initiative launched earlier this month based on the six seasons of the Noongar calendar aims to grow indigenous leadership skills through culturally appropriate training, according to co-founder Rishelle Hume.
Australian shares are modestly higher in early trade after Wall Street's Dow closed sharply higher as US equities rose for a second consecutive session.
Oil prices have risen, beginning to recoup some of last week's steep losses as global equities have steadied following their biggest one-week decline in two years.
The Australian share market has closed lower but did claw back some earlier losses as the Dow Jones futures index pointed to a possible positive session on US markets tonight.
Despite a stronger lead out of the US, Australian shares have slipped sharply in early trade as reporting season begins in earnest and Asian markets brace for more volatility.
Gold has slipped, under pressure from a firmer US dollar and worries about rising global interest rates, but still found some support as a safe-haven asset as world stock markets fell.
Oil prices have slid more than three per cent on Friday as US futures fell below $US60 a barrel for the first time since December on renewed concerns about rising crude supplies.
Wesfarmers, Woodside Petroleum and South32 were among Australian shares that closed lower in the wake of another overnight collapse on Wall Street but local losses were relatively contained as many Asian markets tumbled steeply.
Australian shares have again slid in early trade following a fresh plunge on Wall Street overnight, while the Aussie dollar has retreated below the 78 US cents level.
Thousands of Western Australian scam victims could be refunded millions of dollars after US legal authorities issued Western Union a $US586 million ($750 million) penalty for aiding fraud over a 13-year period.
