One Nation learning from mistakes as Culleton goesNew Western Australian One Nation leader Colin Tincknell has conceded his party may have selected can
The Australian dollar has jumped more than half a US cent amid renewed uncertainty about Donald Trump's policies following his first press conference as US president.
Oil prices rose on Wednesday by the most in over a month, boosted as the US dollar weakened following a news conference by US President-elect Donald Trump, and on news that Saudi Arabia had cut exports to Asia.
Gold rose to a seven-week high on Wednesday, turning positive as the dollar dropped and Treasury yields fell after US President-elect Donald Trump spoke in his first formal news conference just days before taking office.
Gold has rallied to its highest level in more than a month as the dollar dipped ahead of a news conference on Wednesday by US President-elect Donald Trump.
Oil prices fell about one per cent, extending the previous session's sharp sell-off, as the US dollar strengthened and doubts over implementation of a global deal to cut output loomed.
Gold rose to a five-week high on Monday as markets reassessed the outlook for the U.S. economy after Donald Trump is inaugurated as president later this month, taking support from the falling dollar and lower U.S. Treasury yields.
Declines in energy and financial stocks weighed on the S&P 500 have helped stall the Dow's pursuit of the 20,000 milestone ahead of earnings season and expected US policy changes under the Donald Trump presidency.
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The Australian share market has closed at its highest level in 20 months after stronger US wage data boosted investors' confidence in the US economy and helped lift the local bourse to its fifth straight positive finish so far this year.
The Australian dollar has slipped in early trade on Monday after its US counterpart rebounded following strong non-farms payroll data and hawkish comments from US Federal Reserve officials on Friday.
Gold prices slipped on Friday from the previous day's one-month high as the dollar strengthened on a solid U.S. jobs report, while palladium was on track for its largest weekly gain since March on record high U.S. car sales.
Oil rose slightly on Friday on futures buying, ending the week higher, but gains were limited by a strong U.S. dollar and lingering doubts about whether OPEC producers would stick to a deal to cut output.
Sims slams easy route to growthThe economy is suffering because too many Australian companies are taking the ‘‘easy route’’ of buying out domestic competitors rather than
The Australian share market has eked out a minuscule gain to close higher for the fourth session in a row, with encouraging trade data having little impact.
Gold prices have risen one per cent to a near three-week high as early gains in stocks and other assets perceived as risky gave up gains and investors fled to save-haven bullion.
Oil prices have risen in an up-and-down session, lifted by news that Saudi Arabia had cut production to meet OPEC's agreement to reduce output after prices fell on data showing a surprisingly large increase in US petrol and distillate inventories.
The Australian share market has closed higher for a third straight session in 2017, boosted by strength among energy stocks after a lift in the price of oil.
