US stocks pulled back on Monday in a broad decline as investors grew uneasy over the latest tumult surrounding the Trump administration and geopolitical tensions emanating from North Korea.
The Australian share market has closed lower with the major miners, energy players and banks leading losses after Wall Street fell and the Australian dollar lost ground.
Rio Tinto has deferred more than $27 million in bonuses owed to former chief executive Sam Walsh and clawed back monies paid to sacked executive Alan Davies, as it responds to last year’s Guinean p
The share market has had its best session in more than three months following rallies on markets in the US and Europe as investors feel more positive about the global economic environment.
The Australian share market has got off to a strong start after five sessions of decline, with investors taking cues from the rallying US and European markets overnight.
The Dow has blasted through the 21,000 mark for the first time after US President Donald Trump's measured tone in his first speech to Congress lifted optimism and investors viewed a looming interest rate hike as a glass half full.
The Australian dollar is higher against its US counterpart after news that Australia's economy expanded 1.1 per cent in in the last quarter of 2016, among the strongest quarterly performances in the past five years
Gold has given back most of its losses as the US dollar has pared gains and bullion shrugs off earlier pressure from US Federal Reserve officials' comments that raised expectations of an interest rate rise in March.
The Australian dollar is slightly lower against its US counterpart with markets in wait-and-see mode ahead of US president Donald Trump's keenly awaited address to Congress and local economic growth data.
Oil prices have slipped but have continued to trade in a tight range, as concerns about rising US crude inventories ahead of data overshadowed OPEC production cuts.
The price of gold has turned downward as the US dollar comes off its lows and financial markets await US President Donald Trump's speech to Congress regarding his policies on tax reforms and government spending.
Shares in WorleyParsons have soared after the engineering group confirmed it had rejected a takeover bid from a Dubai-based professional services group, which has since emerged as a large shareholder.
US stocks have ended slightly higher and the Dow has closed at a record high for a 12th straight session after President Donald Trump said he would make a "big" infrastructure statement.
Spot gold has fallen after tapping a 3-1/2-month high as US Treasury yields rose and investors waited for US President Donald Trump to outline plans for tax cuts, infrastructure spending, levies on imports and foreign policy.
Oil prices have fallen per cent after US crude inventories rose for a seventh week, showing that the market is still struggling to ease oversupply despite many producers' efforts to rein in production.
Gold has reached its highest in 3-1/2 months as the dollar fell to a one-week low after the new US Treasury chief poured cold water on the "Trumpflation trade" that had boosted the greenback this year.
The Australian share market is lower, pulled back for a second successive session by significant falls among the big miners, with weakness among the big four banks further prodding the retreat.
