The Australian dollar has slipped in early trade on Monday after its US counterpart rebounded following strong non-farms payroll data and hawkish comments from US Federal Reserve officials on Friday.
Gold prices slipped on Friday from the previous day's one-month high as the dollar strengthened on a solid U.S. jobs report, while palladium was on track for its largest weekly gain since March on record high U.S. car sales.
Oil rose slightly on Friday on futures buying, ending the week higher, but gains were limited by a strong U.S. dollar and lingering doubts about whether OPEC producers would stick to a deal to cut output.
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The Australian share market has eked out a minuscule gain to close higher for the fourth session in a row, with encouraging trade data having little impact.
Gold prices have risen one per cent to a near three-week high as early gains in stocks and other assets perceived as risky gave up gains and investors fled to save-haven bullion.
Oil prices have risen in an up-and-down session, lifted by news that Saudi Arabia had cut production to meet OPEC's agreement to reduce output after prices fell on data showing a surprisingly large increase in US petrol and distillate inventories.
The Australian share market has closed higher for a third straight session in 2017, boosted by strength among energy stocks after a lift in the price of oil.
The Australian dollar has hit a three-week high after the US Federal Reserve's noted there was a risk of rising interest rates if the new US administration embarked on a fiscal stimulus program.
Gold has risen to the highest in nearly four weeks as the dollar edged back from a 14-year peak and physical demand from major consumers China and India increased.
Oil prices ticked higher on expectations that US crude inventories have dropped and on signs that the world's top oil exporters will stick to agreed output cuts that took effect this week.
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The Australian share market has closed relatively flat, after investors received a lacklustre lead from overseas markets and took a breather from the year-opening rally.
The Australian share market has closed relatively flat, after investors received a lacklustre lead from overseas markets and took a breather from the year-opening rally.
The Australian dollar is steady against its US counterpart in early trade on Wednesday after rebounding in the previous session on positive Chinese and Australian manufacturing data.
Gold prices rose one per cent to a near 3-week high on Tuesday as early gains in stocks and other assets perceived as risky gave up gains and investors fled to save-haven bullion.
Oil prices slid more than 2 per cent on the first trading day of 2017, knocked off 18-month highs hit in early trade as the U.S. dollar rallied to its highest level since 2002 and traders took profits.
Wall Street has risen sharply as a post-election rally extended into the new year, helped by gains in Verison Communications and technology companies Alphabet and Facebook.
ANZ fires up Asia exit in $1.8b saleANZ Banking Group is pressing ahead with its Asian exit strategy, selling a stake in a Chinese bank for $1.8 billion i
The Australian share market has started 2017 positively, closing above 5,700 points for the first time since June 2015 as stocks across the board made gains.
The Australian share market has climbed to a 17-month high in early trading during the first session of 2017, mirroring gains in European markets on Monday.
Oil prices settled slightly lower on Friday, the year's last trading day, but attained their biggest annual gain since 2009, after OPEC and partners agreed to cut output to reduce a supply overhang that has depressed prices for two years.
Barnett comes out swinging in fight to secure third termWestern Australian Premier Colin Barnett has ditched his usual Christmas and new year holidays to dig in and fight
