Oil prices have risen strongly, after tracking a rally in petrol futures sparked by a delayed restart of the main petrol line at Colonial Pipeline, the No. 1 carrier for the motor fuel in the United States.
The Australian dollar has risen more than half a US cent as the greenback fell on disappointing US retail sales numbers, dousing market expectations of an imminent US rate rise.
West Perth-based NWQ Capital Management has beaten off competition from rivals in Sydney and Melbourne to be named Australia’s best hedge fund investor.
Super done, next task is growthTreasurer Scott Morrison says spending cuts and revenue increases alone will not be enough to repay the nation’s burgeoning debt and that th
Oil prices have fallen about three per cent for a second straight day, after data showing large weekly builds in US petroleum products offset a surprise draw in crude stockpiles.
Gold prices have risen, breaking a five-day decline as the US dollar slipped against a basket of currencies, with the market waiting for clues on the timing of an increase in US interest rates.
Global fundies: no crashGlobal fund managers say that sharemarkets around the world will avert a crash but investors need to get ready for higher volatility in stock price
Gold has fallen for the fifth straight day, weighed down by a firmer US dollar and a jump in Treasury yields as well as uncertainty about whether the US central bank will raise interest rates next week.
Oil prices have fallen as much as three per cent after both the world's energy watchdog and OPEC revised forecasts that signalled the global crude glut could persist for much longer than expected.
Savings deal the start of budget fixesA landmark deal between the government and Labor to deliver $6.3 billion in spending cuts would satisfy the credit agencies for now,
The Australian share market lost its early morning gains to close at its lowest level since July on concerns about future stimulus programs by central banks.
Oil prices have risen as a softer US dollar and stronger US equity markets helped crude futures rebound from an early drop pressured by worries about increased drilling activity for oil in the United States.
The Australian dollar has edged higher as the greenback lost some ground after a Federal Reserve official cast doubt on the chances of a US rate rise in September.
Gold has steadied, recovering from earlier weakness after dovish comments from US Federal Reserve policymakers lowered expectations for a September US interest rate rise, and the greenback fell.
Market rout dents yield maniaInvestors have questioned whether the five-year bull run in Australia’s high-yield stocks is over after local shares joined a global equities
The Australian share market has slumped to a two-month low as investors dumped stocks from all sectors on fears the US Federal Reserve could hike interest rates this month.
Gold prices have fallen again as hawkish comments on US interest rates from a top Federal Reserve official helped lift the US dollar, and as buyers continued to cash in on this week's price rally.
Oil prices have fallen almost four per cent, paring most of the previous session's rise as traders noted that a tropical storm was behind this week's unexpected slump in US crude inventories.
Central bank fears spook marketsInvestors are bracing for the wildest ride since the Brexit vote across stocks, bonds and currencies on Monday as speculation intensifies t
The Australian share market has fallen, with the big banks among the worst performers, after the European Central Bank failed to provide more economic stimulus.
