Gold has fallen for the fifth straight day, weighed down by a firmer US dollar and a jump in Treasury yields as well as uncertainty about whether the US central bank will raise interest rates next week.
Oil prices have fallen as much as three per cent after both the world's energy watchdog and OPEC revised forecasts that signalled the global crude glut could persist for much longer than expected.
Savings deal the start of budget fixesA landmark deal between the government and Labor to deliver $6.3 billion in spending cuts would satisfy the credit agencies for now,
The Australian share market lost its early morning gains to close at its lowest level since July on concerns about future stimulus programs by central banks.
Oil prices have risen as a softer US dollar and stronger US equity markets helped crude futures rebound from an early drop pressured by worries about increased drilling activity for oil in the United States.
The Australian dollar has edged higher as the greenback lost some ground after a Federal Reserve official cast doubt on the chances of a US rate rise in September.
Gold has steadied, recovering from earlier weakness after dovish comments from US Federal Reserve policymakers lowered expectations for a September US interest rate rise, and the greenback fell.
Market rout dents yield maniaInvestors have questioned whether the five-year bull run in Australia’s high-yield stocks is over after local shares joined a global equities
The Australian share market has slumped to a two-month low as investors dumped stocks from all sectors on fears the US Federal Reserve could hike interest rates this month.
Gold prices have fallen again as hawkish comments on US interest rates from a top Federal Reserve official helped lift the US dollar, and as buyers continued to cash in on this week's price rally.
Oil prices have fallen almost four per cent, paring most of the previous session's rise as traders noted that a tropical storm was behind this week's unexpected slump in US crude inventories.
Central bank fears spook marketsInvestors are bracing for the wildest ride since the Brexit vote across stocks, bonds and currencies on Monday as speculation intensifies t
The Australian share market has fallen, with the big banks among the worst performers, after the European Central Bank failed to provide more economic stimulus.
Oil prices have surged four per cent, with Brent briefly touching $US50 a barrel for the first time in two weeks, after a surprisingly huge drawdown in US crude stocks as Gulf Coast imports slumped to a record low.
Gold has fallen after the European Central Bank held its key interest rate at a record low but refrained from adding new stimulus as some investors had expected.
Stevens’ wake-up call for a nationReserve Bank of Australia governor Glenn Stevens has delivered a rebuke to the nation and its leaders, warning that 25 years of economic
The Australian dollar is steady against the US dollar as investors await more local and international data, plus comments from the Reserve Bank of Australia Governor designate Philip Lowe.
US crude prices have soared nearly three per cent in post settlement trading after US inventory data showed what might be the largest weekly stock draw in more than three decades.
Gold has dipped, losing momentum due to profit-taking after it soared by the most in over two months in the previous session on economic data that weakened the case for an imminent US rate hike.
Budget to benefit from income riseA five-year slide in the terms of trade and national income, which has dragged down economic growth and hit budget revenues, has come to
The Western Force have appointed former assistant David Wessels as senior coach for the next two Super Rugby seasons, while skipper Matt Hodgson is on the verge of re-signing.