The Australian share market has closed higher, led by the financial sector, as investors start to feel bullish ahead of earnings reports from three of the big four Australian banks.
The Australian share market has kicked off the trading session higher, with gains across the board following a strong session on Wall Street.
Inflation rise could blindside investors
The Australian dollar has slipped amid renewed hopes of a US rate rise before Christmas.
Oil prices have dipped, with US crude briefly falling below $US50 per barrel, on news of the impending restart of Britain's Buzzard oilfield and Iraq's wish to be exempted from OPEC production cuts.
Gold prices have slipped as the US dollar has strengthened to a fresh near nine-month high on growing speculation that the US Federal Reserve would lift its key interest rate in December.
The Australian share market has closed lower, led by a sharp sell-off in healthcare stocks and a fall in energy stocks.
The Australian share market has slipped in early trade as a lack of cues from Wall Street and investor caution weigh on sentiment.
Venezuelan President Nicolas Maduro has been quoted as saying that OPEC and non-OPEC nations are "very close" to an agreement on oil production curbs, Azerbaijan's state news agency Azertag reported.
The Australian dollar continues to lose ground against the US dollar, which has hit an eight-month high.
Gold prices are little changed as a strong US dollar limited gains, but the precious metal notched its first weekly rise in four as seasonal demand from Asia kicked in.
Morrison targets cost of housing
The share market has fallen slightly due to weakness in the energy sector and a surprise profit warning from private hospitals operator Healthscope.
Australian shares are relatively flat in early trade as a lack of cues from Wall Street and profit taking after recent gains weighs on the market.
The Australian dollar is markedly weaker against the US dollar in the wake of disappointing local employment numbers and as its US counterpart climbs on upbeat north American data.
US stocks ended a choppy session on Thursday with a slight decline as investors digested the latest round of earnings, with a sharp drop in telecoms offset by gains in healthcare.
Super funds $16b swoop on Ausgrid
Gold has eased slightly after three days of gains as the US dollar rose and the European Central Bank left interest rates unchanged, maintaining the parameters of its 1.74 trillion euros ($A2.49 trillion) asset buying program.
Oil prices have fallen more than two per cent, as a resurgent US dollar encouraged players to take profit on the previous day's rally that sent US crude to 15-month highs.
The gap between the rich and the poor in Western Australia has narrowed slightly since the end of the resources boom but the divide is still substantial, new research suggests.
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