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The Australian dollar has firmed as global financial markets adjust to Donald Trump's surprise US presidential victory.

The price of gold has turned slightly negative after the sharp gains made earlier on Wednesday, following a conciliatory victory speech from US President-elect Donald Trump which helped the US dollar rebound.

US stocks rose sharply on Wednesday in a dramatic turnaround from deep overnight losses as Wall Street embraced the upset presidential election victory of Republican Donald Trump.

Oil prices have edged higher as stocks and the US dollar bounced back from a huge early slide following Donald Trump's surprise victory in the US presidential election.

Result reveals the divided states of ailing AmericaThe social and political fissures that have left Americans walled off from one another along lines of race, class, educa

Australian shares have plunged to a four-month low and lost $35 billion in value amid a global shock from US election results that have left Donald Trump poised to become the next president of the United States.

Western Australian Director of Public Prosecutions Joseph McGrath has been appointed a judge of the WA Supreme Court.

The Australian share market has risen strongly in early trade, taking cues from Wall Street, as investors bet on the likelihood of a Hillary Clinton win the US presidential elections.

US stocks rose for a second straight session as investors bet Democratic candidate Hillary Clinton would win the US presidential election.

Oil prices have been mixed with WTI flat and Brent falling as voters headed to the polls to elect the next president of the United States.

Gold prices have turned lower as the US dollar and global equity markets firmed with investors growing more convinced that Democratic candidate Hillary Clinton could win the US presidential election.

The Australian dollar has rallied on market expectations that Democrat candidate Hillary Clinton could be elected the next US president.

Clinton on edge of victoryDemocrat Hillary Clinton appeared to be on the verge of narrowly holding out Republican rival Donald Trump for a historic presidential election w

The Australian share market has closed slightly higher but investors are treading cautiously for fear of a Brexit-like surprise from the US presidential election.

The Australian share market is slightly higher after a choppy morning as traders hold positions before US voters head to the polls.

Oil prices have risen more than 1 per cent, supported by a rebound in other asset classes after news that US presidential candidate Hillary Clinton will not face charges over her email server use, but gains were capped by a rallying US dollar and doubts over OPEC's planned production cuts.

The Australian dollar has comfortably breached the 77 US cents barrier and also has risen strongly against the yen and the euro on news the FBI had closed its investigation into Hillary Clinton's email server use.

Gold prices have fallen, posting their biggest one-day drop in five weeks as the US dollar and stocks rallied on news Hillary Clinton will not face criminal charges over her use of a private email server.

Clinton FBI all-clear lifts marketsAustralia’s sharemarket had its best day in four months and the rest of Asia rallied as the FBI backed off Hillary Clinton and investors

The Australian share market has closed more than one per cent higher as investors speculated that Democrat presidential candidate Hillary Clinton's chances of winning the US election had improved.

The Australian share market has opened more than half a per cent higher.

Oil futures have fallen by their biggest weekly percentage decline since January of around nine per cent as signs of tensions resurface between Saudi Arabia and Iran that could scupper a key supply cut pact.

The Australian dollar has slightly strengthened against its US counterpart, despite a steady US jobs report that has reinforced the likelihood of a Federal Reserve rate rise.

Gold has steadied, heading for its biggest weekly rise since mid-September as jitters over next week's US election offset a solid payrolls report that shored up expectations for a US interest rate rise in December.

Stamp duty, land tax idea still onFederal Treasurer Scott Morrison continues to support the states swapping stamp duties for a land tax on every residential property but i

Big falls across the financial and energy sectors pushed the share market to its lowest level in more than four months, amid mounting uncertainty of the outcome of next week's US presidential election.

Australian shares have opened lower following weak leads from overseas, with financial and energy stocks pulling the market into the red.

The S&P 500 fell for an eighth straight session on Thursday, its longest losing streak since the 2008 financial crisis, as Facebook shares weighed and investors grappled with uncertainty over next week's US presidential election.

The Australian dollar has strengthened further against its US counterpart, helped by increased commodity prices.

Oil prices have settled more than one per cent lower as investors reeled from a record weekly surge in US crude inventories, and remained sceptical about whether OPEC can actually implement its planned output cap.

Gold has edged higher in response to a lower US dollar and also uncertainty about the outcome of a tight US presidential race.

ANZ shrinks to reduce rising risksANZ Banking Group has shed 3600 jobs and chief executive Shayne Elliott is pulling back on mortgage lending fearing any