Oil prices have fallen more than one per cent, hitting two-month lows on extended selling after the market's break below a key technical support level last week due to oversupply fears.
Gold has fallen as stock markets rally on the back of Friday's stronger-than-expected US jobs data and the prospect of more monetary stimulus from central banks, while the US dollar rose against a basket of currencies.
Dick Smith ‘inflated’ profitThe directors and managers of consumer electronics chain Dick Smith have been accused of inflating earnings to meet market exp
The Australian share market has closed around 2 per cent higher at a four-week high in the wake of a strong lead from US markets, more clarity over the recent federal election result, and the prospect of economic stimulus in Japan.
Crude prices have inched up in choppy trading but Brent has notched its largest weekly drop in nearly six months, as strong US jobs data and bargain hunting by investors pitted against seasonally weak consumption of oil.
Gold has slipped sharply after stronger-than-expected US payrolls data for June but rebounded quickly, underpinned by concerns over the outlook for financial markets following Britain's Brexit vote.
PM faces budget fight after winPrime Minister Malcolm Turnbull has won the election but his budget plans are in disarray, with a brewing internal revolt o
Equities markets rose worldwide on a bump from positive US data, though US stocks and long-dated Treasury yields fell along with oil prices amid investor caution ahead of Friday's US nonfarm payrolls report for June.
Gold slips as US jobs data supports the US dollar, ending a six-day rally that pushed the precious metal to more than a two-year high on concerns about Britain's vote to leave the European Union.
AAA: Six months to get budget under controlA threatened downgrade of the nation’s AAA credit rating was a wakeup call to the entire Parliament, not just the government, th
Gold pared gains after rising to the highest in more than two years, as US equities reversed early losses, Treasury yields turned higher after hitting record lows and investors bought bullion as a haven from risk.
US stocks have reversed early losses to close higher, but bourses in most parts of the world fell on fears of instability in the European Union and global economic stagnation.
Oil prices settled up nearly two per cent as robust US economic data lifted crude futures from two days of declines, with the market extending gains in post-settlement trade on bets for a sharp drop in US crude stockpiles.
PM finally set to scrape homeMalcolm Turnbull is assured of forming government – possibly in his own right – after two more seats fell the Coalition’s way
Energy, resources and financial companies led the Australian share market lower on renewed fears about the economic implications of the UK Brexit vote.
Oil prices tumbled nearly five per cent on Tuesday as investors worried that Britain's exit from the European Union would slow the global economy, making it unlikely energy demand will grow enough to absorb a supply glut.
Gold prices rose for a fifth straight session and traded close to a two-year high above $US1,350, as weak China data and ongoing uncertainty following Britain's vote to leave the European Union triggered a fresh wave of demand for the safe-haven metal.
Turnbull signals policy retreatsThe federal Coalition accepts it must compromise on its 10-year company tax cut plan and Malcolm Turnbull has raised expectations of a retr
The Australian share market has closed sharply lower with the biggest drag being the big banks in the wake of a signal from the banking regulator that they may have to lift capital ratios again.
