Australian shares have ended Monday slightly higher despite falls for the major banks, as mining stocks gained ground and reporting season began its busiest week.
Crude prices rose on Friday, but declined on the week on worries that oversupply would weigh on the US market while trade disputes and slowing global economic growth would dampen demand for oil.
US stocks have closed higher with the S&P 500 and the Dow Jones Industrial Average extending gains and the Nasdaq turning positive on reports of progress in tariff disputes between the United States and its trading partners China and Mexico.
Australian shares have closed higher and the benchmark index has established a fresh 10-year high as an easing in US-China trade worries underpinned a week of solid company results.
Former chief executive of Craig Mostyn Group David Lock has been appointed independent director of the CBH Group board, replacing current member David Willis.
Australian shares have opened subdued, , despite Wall Street rallying overnight, as weakness in materials and healthcare shares continues to weigh amid a cautious approach by investors.
Oil prices rose slightly as global markets steadied, recovering some of the previous day's two per cent slide, though a weakening outlook for crude demand kept prices in check.
US stocks have rebounded with the Dow posting its biggest percentage gain in over four months, as positive earnings and waning trade jitters buoyed investor confidence.
Australian shares have closed flat, despite strong individual performances from Telstra, Treasury Wine Estates and QBE as materials and energy stocks came under pressure.
US stock indexes have fallen in a broad-based decline, hurt by concerns over the strong US dollar and Turkey's currency crisis, as well as the trade tensions with American trading partners that have dominated the first half of 2018.
Australian shares have hit a fresh 10-year high, with a surge in CSL stocks and gains for Wesfarmers helping the market overcome falls in energy and materials stocks.
Australian shares have started lower, despite overnight gains on Wall Street, weighed down by declines in resources and a number of blue-chips trading ex-dividend.
Wall Street's three major indexes have risen with the S&P 500 posting its strongest gain in three weeks as a string of healthy earnings boosted investor optimism and a rebound in the Turkish lira eased fears of a broader financial contagion.
Australian shares have risen, with banks leading near across-the-board gains and an easing in investor concerns over the tension between the US and Turkey.
Oil prices have fallen after data suggested inventories at the US crude delivery hub rose in the latest week, compounding worries that troubled emerging markets and trade tensions will dent the outlook for fuel demand.
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