Gold has steadied after its biggest one-day drop in more than six weeks, with a retreat in the US dollar arresting the slide, though moves were muted as markets await the outcome of the looming French presidential election.
The share market has broken a three session losing streak as investors returned to the major banks, and a telco sector where Telstra is facing new competition.
The Australian stock market has opened higher following three consecutive negative sessions, buoyed by gains in financial, real estate and retail shares.
Oil has tumbled to a two-week low, after a surprising build in US petrol inventories and a rise in domestic crude output that is partially offsetting cutbacks by other countries trying to reduce a global glut.
Gold has fallen one per cent as the US dollar and stocks have gained, though tensions over North Korea and upcoming French and UK elections underpinned demand in the safe-haven asset.
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The share market has fallen for a third straight session, pulled back by weakness in the financial and energy sectors as geopolitical concerns continue to weigh on investor sentiment.
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The Australian dollar is trading slightly higher as the weaker greenback is offset by lower iron ore prices and dovish comments from the Reserve Bank of Australia.
Gold turned higher on Tuesday, nearing the prior session's five-month peak, bolstered by a softer dollar, lower US Treasury yields, North Korea tensions and nervousness ahead of the French presidential election.
The share market has fallen after the heavily weighted mining, energy and banking sectors were sold off amid commodity price falls and global political concerns.
The Australian share market is trading lower following falls in iron ore and oil prices and as tensions between the US and North Korea weigh on investor sentiment.
Gold pared gains from a five-month high on Monday, losing steam as U.S. Treasury yields turned higher and the dollar came off its lows, after rising geopolitical tensions over North Korea spurred earlier safe-haven buying in bullion.
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The share market has fallen as investors fretted over political tensions related to Syria and North Korea, and mining stocks were pummelled after a steep drop in the iron ore price.
The share market has opened weaker after a sharp fall in iron ore prices and a global risk-off mood among investors, due to ongoing political concerns.
US stocks opened slightly lower on Wednesday amid lingering geopolitical risks as investors braced for the first rush of corporate earnings, starting Thursday.
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US stocks ended down but well off the day's lows with worries over geopolitical risks dragging down sentiment as investors readied for the start of US earnings.
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The Australian share market looks set to open slightly higher amid subdued trade in global markets ahead of the Easter holiday and brushing off concerns about military developments in Syria and North Korea.
