Gold has turned lower, pressured by profit-taking after extending gains above the $US1,300 mark to a three-week high amid ongoing tensions over Iran and North Korea as well as recent weak US economic data.
MRA gives nod to REX plan for Elizabeth QuayThe Metropolitan Redevelopment Authority is understood to have given informal early approval to Brookfield’s cuttingedge $65
The Australian dollar has gained against its US counterpart, after the greenback slipped following a lower than expected US inflation report on Friday.
Oil prices on Friday closed at their highest level in October on bullish news from strong Chinese oil imports, U.S. President Donald Trump's decision not to certify that Iran is complying with a nuclear agreement and other tensions in the Middle East.
The Australian share market has closed at its highest level since June, with investors starting to find value after the local bourse suffered a period of underperforming compared with its global peers, and Chinese trade data boosting sentiment.
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Oil prices rebounded from early losses but ended lower after the Energy Department reported a larger-than-expected decline in US inventories and a falloff in weekly production on Thursday.
The share market has overcome early falls to close higher, as Bank of Queensland's profit growth boosted the financial sector and energy producers were boosted by forecasts of stronger oil demand.
US organisation The Nature Conservancy, which has worked closely with BHP Billiton and Rio Tinto, visited Perth last week to speak about how the group and big resources companies can collaborate to benefit both the economy and the environment.
Wall Street's main indexes are little changed at the open, as a jump in shares of consumer staples were offset by a drop in financials on the eve of their financial reports.
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The Australian share market has gained ground due to a positive lead from overseas markets, an upgrade of the International Monetary Fund's global economic growth forecasts, and stronger prices for copper and oil.
Investors appear to have shaken off a drop in gold and iron ore prices at the end of September to back Western Australian businesses, with the Business News BN30 index of local shares closing the September quarter near record highs.
The Australian share market has opened higher, following on from solid lead in the US, with the major miners, and three of the four big banks leading the way.
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Oil prices rose about two per cent on Tuesday, supported by Saudi Arabian export cuts in November and comments from OPEC and trading companies that the market is rebalancing after years of oversupply.
The price of gold has touched its highest point in nearly two weeks, supported by a softer US dollar and geopolitical tensions in Spain and North Korea, though gains were capped by expectations of another US interest rate increase.
The Australian share market is steady after a quiet session, as the energy sector weakened and AMP and poker machine maker Aristocrat Leisure were among the best performers.
The Australian share market is off to a flat start start after a weak lead from Wall Street, which had light trading volumes due to the Columbus Day public holiday.
Rinehart swoops on 171,000ha cattle stationMining and agribusiness magnate Gina Rinehart’s Hancock Prospecting has swooped on the Willeroo Cattle Station, snapping up t
Oil prices inched higher on Monday after one of the most bearish weeks in months, propped up by OPEC comments signalling the possibility of continued action to restore market balance in the long term by agreeing to output cuts.
Gold prices rose on Monday, erasing all of the previous week's losses, as a weaker US dollar and the resilience of a key chart level removed some downward pressure, while the return of Chinese buyers to the market also lent support.
The Australian share market has closed higher as investors were encouraged by US economic data showing stronger wages growth, and a positive performance from China's share market which resumed trading after a week's holiday.