Shares open 15pts higher

The Australian share market has opened slightly higher despite negative leads from overseas markets on Friday.

$A steady against $US

The Australian dollar is steady against its US counterpart despite volatility.

Morning Headlines

'Turning point for better times'

Gold firms as $US, stocks retreat

Gold has closed higher as forecast-beating eurozone inflation data boosted the euro versus the US dollar, while global stock markets retreated from Wednesday's record highs on concerns about global trade.

Oil settles up despite higher US rig count

Oil prices has settled higher on growing hope that OPEC might agree to extend production cuts long enough to reduce a global crude glut, but crude prices still posted a weekly decline.

Shares close 2.6pts higher

The Australian share market has eked out a tiny gain to close higher for a sixth straight session, despite a mixed performance in the heavyweight banking and mining sectors.

Shares open 22pts lower

The Australian share market has opened slightly lower, following soft leads from Wall Street's Dow Jones and S&P500 and a fall in oil prices.

Gold falls as Trump tax plan boost fades

Gold has resumed its downward slide from a five-month high in mid-April, giving up gains that came after US president Donald Trump announced unfunded tax cuts, while comments from European Central Bank president Mario Draghi weakened the euro.

Libya oil restart, petrol demand hits oil

Crude prices are slightly lower after a volatile session, as the restart of two key Libyan oilfields and concerns about lacklustre petrol demand feed concern over whether major oil producers can alleviate the glut of global inventories.

$A hits 4-month low against $US

The Australian dollar is down against its US counterpart, hitting a four-month low after US president Donald Trump again targeted the imports issue, before retracing some lost ground.

Morning Headlines

Budget debt will finance airport, rail

Shares close 9pts higher

The share market has posted a modest gain as strength in the heavyweight financial sector offset a slump in energy stocks as the federal government flagged potential restrictions on gas exports.

Shares open 2.9pts higher

The Australian share market is flat and struggling to gain momentum with a lack of local data and uninspiring leads from overseas failing to excite investors.

Oil lower despite draw on US crude stocks

Oil prices have rebounded from early losses after US government data showed a larger-than-expected falloff in crude inventories, which encouraged buying after several days of selling on worries that a global crude glut was persisting despite output cuts by producing countries.

$A falls against $US

The Australian dollar is lower against its US counterpart as investors shy away from global commodity currencies, spooked by suggestions the United States may withdraw from the North American Free Trade Agreement (NAFTA).

Morning Headlines

PM slaps export limit on LNG

Trump tax plan helps gold lift off 2wk low

Gold has recovered from a two-week low in a late-day move, buoyed by short-covering as US Treasury yields turn lower and the US dollar pares gains after President Donald Trump proposes slashing the US tax rate on corporate profits.

Shares close 40pts higher

The share market has closed higher for a fourth straight session, while the Australian dollar has fallen due to weaker-than-expected inflation numbers.

Shares open 50pts higher

The Australian share market is powering ahead as investors pile in following strong gains on Wall Street and major equity markets across Europe.

Morning Headlines

Super boost for house downsizers