Oil prices have risen one per cent on US-Iran military tensions in the Gulf and speculation the US dollar will fall on a monetary policy speech due from the US Federal Reserve chair.
The Australian dollar is slightly lower against the greenback as traders wait for US Federal Reserve chair Janet Yellen to speak at a global central bankers meeting.
Gold has hit four-week lows, under pressure from upbeat US data in the run-up to a speech by Federal Reserve Chair Janet Yellen this week that will be watched for clues on monetary policy.
Recession warning falls on deaf earsThe Turnbull government will blitz the Parliament with budget and economic reform bills next week to maintain the pressure on Labor and
Resource heavyweights, including Rio Tinto and BHP Billiton, weighed on the Australian share market on Thursday amid another wave of mixed company earnings results.
A judgement ordering One Nation senator-elect Rod Culleton and his wife to pay former Wesfarmers director Dick Lester more than $200,000 in damages has been upheld.
Gold has dipped one per cent to a four-week low as the US dollar has strengthened and markets look ahead to a speech by Federal Reserve Chair Janet Yellen that will be closely watched for further clues on US interest rate policy.
The Australian dollar is trading higher against the US greenback as the market considers the prospects of a US interest rate rise ahead of a highly anticipated speech by US Federal Reserve chair Janet Yellen.
Morrison’s ‘recession’ warningTreasurer Scott Morrison will warn today that complacency over budget repair and economic reform could plunge the country into recession.
Oil prices have risen after reports that Iran was sending positive signals it may support joint OPEC action to prop up the market, before the market pared gains on trade data showing a surprise build in US crude stocks.
Gold is largely unchanged as markets shifted focus from hawkish comments by a Federal Reserve official over the weekend to a meeting of global central bankers later this week that might provide hints on the timing of a US interest rate increase.
Labor: pass our budget cuts tooOpposition Leader Bill Shorten will try to put pressure back on the government over budget repair today by insisting it adopt more than $8 b
Gold prices have hit a two-week low as upbeat comments from Federal Reserve officials on the US economy boosted expectations that the central bank could lift interest rates sooner rather than later.
Oil prices have fallen more than 3 per cent on supply worries, while US Treasuries rose and stocks flattened as markets awaited more clarity later this week from the Federal Reserve on when it might raise US interest rates.
Fortescue super-sizes dividendsAndrew ‘‘Twiggy’’ Forrest will crown his $3.1 billion comeback by pocketing $125 million in dividends from iron ore miner Fortescue
The Australian share market has closed lower amid mixed company earnings reports and a firmer expectation that the US central bank will lift interest rates this year.
Oil prices has settled steady to higher, with US crude posting its biggest weekly gain since March after surging nearly 25 per cent in a little over two weeks, a rally analysts caution is not justified by fundamentals.
Gold has fallen more than one per cent, snapping a four-day streak of gains following conflicting signals from US Federal Reserve officials on the timing of a possible rate hike, but was still on track for its second straight week higher.
Time to bury ‘trickle-down economics’Halting Donald Trump-style political revolts in modern democracies means delivering inequality-busting economic reform such as infrast
Gold has risen, buoyed by a weaker US dollar after minutes from the US Federal Reserve's July meeting showed policymakers were divided over whether to raise interest rates soon.
