RBA gets bullish on economyThe Reserve Bank of Australia has delivered a markedly more positive outlook for the global and domestic economies, saying this is likely to put
The Australian dollar is sharply lower against its US counterpart after the US dollar gained for a fifth straight session, rising to a more-than-one-week high.
Oil prices have fallen, pressured by sluggish demand and evidence of a burgeoning revival in US shale production that could complicate efforts by OPEC and other producers to reduce a supply glut.
Gold has slipped from a three-month peak, pressured by earlier strength in the US dollar as the euro fell on weak German industry data and nervousness ahead of the French elections.
The share market and Australian dollar got a boost from the Reserve Bank of Australia's decision to hold rates steady, as it pointed to an expected pick-up in mining exports.
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Gold has jumped one per cent to its highest in nearly three months as worries about the political landscape in the United States and Europe, and a subdued dollar, reinforced investor interest.
Oil prices have fallen more than one per cent as a stronger dollar, ample US supplies and excess speculative length outweighs OPEC output cuts and rising tensions between the United States and Iran.
US stocks slipped on Monday, led by the energy sector as oil prices dropped, while investors awaited the next run of major earnings reports and sought further clarity on President Donald Trump's economic policies.
The Australian share market has given away early gains to close lower after poor domestic retail sales figures, underwhelming Chinese economic data and softening support for the major banks weighed upon investor sentiment.
Emboldened ACCC seeks higher finesThe competition regulator is vowing to pursue higher penalties against big business following a series of landmark decisions against Fli
Oil prices have risen after the United States impose sanctions on some Iranian individuals and entities, days after the White House rebuked Tehran for a ballistic missile test.
The Australian dollar is higher against its US counterpart which has slipped amid chopping trading following a smaller-than-expected rise in US wages in January.
Gold is little changed, erasing earlier losses as the US dollar came under pressure from a payrolls report that flagged up weak wage growth in January, weakening the case for near-term interest rate rises.
The Australian share market has closed lower after mining stocks fell in the wake of an unexpected move by China to raise its short-term interest rates.
Trump tries to rough up PMThe Australian-US relationship is facing its most severe test in decades following revelations of a heated clash between Malcolm Turnbull and
Oil prices have retraced early gains amid mounting tensions between the United States and Iran, but prices have still been supported by evidence that OPEC and other big exporters are cutting production.
Gold prices have risen to an 11-week high after the US Federal Reserve gave no clear signal on the likelihood of a March interest rate increase in its latest statement, prompting another drop in the US dollar.
US stocks ended little changed on Thursday as the recent rally continued to stall following President Donald Trump's latest comments on trade and the policies he will pursue.
The Australian dollar has soared past 76 US cents on the back of better than expected trade figures but the share market has fallen as investors continue to be influenced by concerns about US President Donald Trump.
PM's push for clean coal powerThe government has flagged subsidising the construction of clean coal power stations and compensating farmers to encourage states to lift
The Australian dollar is higher against its US counterpart even though the greenback recovered some ground following stronger-than-expected US private jobs and manufacturing data.
Oil has pared gains after weekly US supply data suggested a crude glut may persist, despite signs that Russia and OPEC producers are delivering on promised supply reductions.
Gold prices have recovered some of their lost ground as the US dollar pared gains after the US Federal Reserve kept its key interest rate steady at its first meeting since President Donald Trump's inauguration.
