The Australian share market has posted a modest fall, dragged lower by a massive sell-off of Telstra shares after the telco said it would cut future dividends.
The Australian share market is trading higher after an initial opening plunge in the wake of a shock annoucement from Telstra that the telco giant will cut its future dividends.
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The outperforming Australian dollar has soared almost one US cent as its counterpart has fallen after US president Donald Trump disbanded two business advisory councils and following Federal Reserve committee minutes.
Oil prices have fallen more than one per cent even though US crude stockpiles declined by the most in a year, as data suggesting domestic production was edging higher stoked worries about the global crude glut.
Gold has risen about one per cent, shaking off two days of losses, as the dollar edged lower after the release of the minutes from Federal Reserve's July meeting at which policymakers voted unanimously to keep US interest rates unchanged.
The Australian share market has closed higher on a day of mixed company earnings results, with market heavyweights Commonwealth Bank and Suncorp down as they traded ex-dividend.
The Australian market has opened comfortably higher following mainly positive early earnings reports, and after Wall Street closed with its key indexes little changed.
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Oil prices have fallen, extending the prior session's heavy sell-off as the US dollar has risen more and as signs of weaker petroleum demand in China weighs the market down for a second day.
Gold has fallen nearly per cent, down for a second day after better-than-expected US economic data and easing tensions over North Korea encouraged investors to buy riskier assets, boosting stocks, the US dollar and bond yields.
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Oil prices have tumbled more than 2.5 per cent in volatile trade, as US dollar strength and weak domestic demand data in China hammered prices that had received a short-lived boost on concerns about potential reductions in crude supply from Libya.
Gold prices have fallen by half a per cent, retreating from last week's two-month highs, as US dollar strength and the easing of tensions between the United States and North Korea pushed prices lower.
The Australian share market has closed higher after weak US inflation figures dampened prospects that the US Federal Reserve and other central banks will raise interest rates later this year.
Australian shares have lifted in early trade, with investors cautiously buying into beaten-down stocks after a widespread drubbing on Friday that wiped nearly $23 billion from the value of the loca
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Oil prices have risen slightly in volatile trading as the market weighed lower US crude stocks, Nigerian instability and strong global demand growth against a persistently slow rebalancing.
Gold prices have climbed to two-month highs, rising for the fourth straight day as investors sought refuge amid escalating tensions between North Korea and the United States, while bullion also received support from weak US inflation data.
Increasing tension between the US and North Korea has sparked a widespread sell-off that has wiped almost $23 billion from the Australian share market.
Escalating tension between the US and North Korea has helped drive Australian shares sharply lower in early trade, following in the footsteps of international markets.
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Oil prices have fallen more than 1.5 per cent, as a bruising day on Wall Street bolstered fears of slowing demand amid lingering concerns over a global oversupply of crude.
The price of gold has risen for the third straight day, reaching a two-month high as another exchange of threats by the United States and North Korea prompted investors to buy bullion as a safe-haven asset.
The Australian share market has run out of puff following a softening in US futures as tensions between North Korea and the United States hit investor confidence.
Australian shares have opened higher, shrugging off the negative lead of international markets hit by concern over increased tension between the US and North Korea.
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