Gold has risen one per cent, recovering from its lowest in nearly two weeks, as prospects for further economic stimulus helped to bolster investor appetite while the US dollar remain flat.
US stocks have ticked up, just enough for the S&P 500 and Dow industrials to set record highs, with investors expecting upbeat earnings to keep the rally going.
Turnbull holds AAA line on ‘solid’ budget forecastsPrime Minister Malcolm Turnbull has dismissed fears that a sudden slump in government revenue would tri
The Australian share market has closed moderately higher, and is up for the fifth straight session, as concerns over Brexit ease, but investors are cautious.
Oil prices have surged five per cent, as investors' covering of short positions and a technical rebound helps lift the market from two-month lows, before dropping back.
Gold has seen its biggest one-day fall in three weeks as global equities rallied on easing political uncertainty in Britain and hopes for more economic stimulus, which in turn curbed demand for assets perceived as safe havens.
The Australian share market has closed slightly higher, led by financial heavyweights and mining giant BHP Billiton following a record close on Wall Street.
Indian business couple Pankaj and Radhika Oswal paid two advisers $US26 million ($A34.5 million) in hush money to hide what was really going on at their Australian fertiliser business, a court has heard.
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
