Commodities Market

  • Aust stocks close lower AAP - Mon, Dec 5, 2016 4:25 PM AEDT

    Australian stocks have closed weaker as declines among the major miners dragged the broader market lower and snapped a two-day rally.

  • Australian market set for flat open AAP - Fri, Dec 2, 2016 7:04 AM AEDT

    The Australian stock market looks set to open flat with Wall Street mixed and European stocks ending lower as oil prices surged to a 16-month high on the heels of OPEC's agreement to cut output. At 0645 AEDT on Friday, the share price index was down four points at 5,498. Locally, in economic news on Friday, the Australian Bureau of Statistics will release retail trade data for October.

  • Aust share market closes slightly lower AAP - Tue, Nov 15, 2016 4:41 PM AEDT

    The Australian share market has closed weaker despite retracing some of its earlier losses as market enthusiasm for the potential policies of US president-elect Donald Trump moderates. At 1615 AEST on ...

  • Aust share market closes lower AAP - Mon, Nov 14, 2016 4:26 PM AEDT

    The Australian share market has closed lower, weighed down by ANZ and Westpac going ex-dividend and heavy falls from the resource sector. At 1615 AEST on Monday, the S&P ASX/200 index was down 25 points, ...

  • Aust stocks open higher AAP - Wed, Oct 19, 2016 11:00 AM AEDT

    The Australian share market has opened higher on strong leads from Wall Street and ongoing strength in oil prices. Patersons Securities economist Tony Farnham said the market was well supported by energy stocks which have risen on solid oil prices. "Growth in key commodity prices, oil and gold, is supporting parts of the mining sector," he said.

  • Australian shares open lower AAP - Thu, Oct 13, 2016 11:07 AM AEDT

    The Australian share market has opened lower in the wake of a drop in oil prices and a mostly flat finish to trade on Wall Street. At 1032 AEDT, the benchmark S&P/ASX 200 index was down 0.52 per cent, ...

  • Australian shares close higher AAP - Mon, Oct 3, 2016 4:31 PM AEDT

    Strong gains among financial and energy stocks have driven the share market higher despite lower trading volumes as most states break for a public holiday. At 1615 AEST on Monday, the S&P ASX/200 index ...

  • Aust shares finish flat AAP - Mon, Sep 26, 2016 4:26 PM AEST

    The Australian share market has closed flat ahead of the US presidential debate and following weak cues from Wall Street and a sharp fall in oil prices. At 1615 AEST the benchmark S&P/ASX200 index was ...

  • Shares continue to fall AAP - Thu, Sep 15, 2016 12:27 PM AEST

    The share market is lower despite getting a boost from an unexpected fall in unemployment. The benchmark S&P/ASX 200 index had fallen to a low of 5,204 points in mid-morning trade, before jumping at 1130 ...

  • Aust shares gain ground AAP - Tue, Aug 23, 2016 4:24 PM AEST

    The Australian share market has closed higher across most sectors, driven by gains in banks and health stocks. At 1615 AEST on Tuesday, the S&P ASX/200 index was up 38.7 points, or 0.70 per cent, at 5,553.8 ...

  • Commodities markets summary AAP - Fri, Jul 1, 2016 7:52 AM AEST

    Oil prices sank along with the euro after the European Central Bank forecast that the eurozone would continue to contract next year and only return to growth in 2014.

  • Aust shares close flat AAP - Mon, Apr 4, 2016 4:22 PM AEST

    Australian shares have finished flat as all eyes turn to a meeting of central bankers in Jackson Hole, Wyoming.

  • Aussies overpaid, hard to fire: economist Yahoo7 Finance - Mon, Nov 2, 2015 12:00 AM AEDT
    Aussies overpaid, hard to fire: economist

    The economy is struggling to grow because Australians get too much pay, too much annual leave and are too hard to fire, an American economist says.

  • FINANCE VIDEO: Taruga Gold (ASX:TAR) MD Bernard Aylward Talks About the Newcrest Deal ABN Newswire - Sun, Sep 20, 2015 9:29 AM AEST

    Sydney, Australia, Sep 20, 2015 - (ABN Newswire) - Taruga Gold Limited (ASX:TAR) MD Bernard Aylward Talks about the signing of a Non-Binding Heads of Agreement with top-tier gold producer, Newcrest Mining ...

  • In a Mideast upset by cheap oil, more crude may enter market Associated Press - Sat, Sep 19, 2015 5:30 PM AEST
    In a Mideast upset by cheap oil, more crude may enter market

    Across a Mideast fueled by oil production, low global prices have some countries running on empty and scrambling to cover shortfalls, even as more regional crude is on tap to enter the market. While some ...

  • Gold Price: Running into Resistance - Big Picture Down-Trend Intact DailyFX - Sat, Sep 19, 2015 6:57 AM AEST

    Gold Price: Running into Resistance - Big Picture Down-Trend Intact

  • GBP/JPY Technical Analysis: Up-Trend Looking Attractive DailyFX - Sat, Sep 19, 2015 6:35 AM AEST

    GBP/JPY Technical Analysis: Up-Trend Looking Attractive

  • GBP/USD Technical Analysis: New Up-Trend in the Cable DailyFX - Sat, Sep 19, 2015 5:45 AM AEST

    GBP/USD Technical Analysis: New Up-Trend in the Cable

  • GBP/USD Pivots Near Wave Measurement Confluence DailyFX - Sat, Sep 19, 2015 3:32 AM AEST

    GBP/USD Pivots Near Wave Measurement Confluence

  • Australian business welcomes tech-savvy PM AFP - Sat, Sep 19, 2015 3:22 AM AEST
    Australian business welcomes tech-savvy PM

    Captains of Australian industry have a lengthy wishlist for new Prime Minister Malcolm Turnbull but also strong hopes the former tech entrepreneur can encourage innovation and energise an economy struggling with a fading resources boom. Turnbull is lauded for his business acumen, with the technology sector particularly fond of the multimillionaire, who is an enthusiastic supporter of the innovation scene and start-ups. The 60-year-old, who took power after defeating Tony Abbott in a Liberal Party vote on Monday, has already called for a future-looking Australia "that is agile, that is innovative, that is creative" in comments that encouraged business leaders, who count Turnbull as one of their own.

  • GBP/USD Topside Targets in Focus Amid Tightening Race Between BoE/Fed DailyFX - Sat, Sep 19, 2015 2:50 AM AEST

    GBP/USD Topside Targets in Focus Amid Tightening Race Between BoE/Fed

  • US senate committee probes pipeline safety after oil spills Associated Press - Sat, Sep 19, 2015 2:16 AM AEST
    US senate committee probes pipeline safety after oil spills

    A U.S. Senate committee is holding a field hearing on pipeline safety Friday following a recent surge in accidents, including oil spills that fouled a Montana river and a scenic stretch of Southern California ...

  • Bitcoin Is Now Classified as a Commodity in the U.S. Entrepreneur - Sat, Sep 19, 2015 1:03 AM AEST
    Bitcoin Is Now Classified as a Commodity in the U.S.

    The digital currency has the same designation as gold or oil.

  • Oil prices drop as Fed worries about global economy AFP - Fri, Sep 18, 2015 9:16 PM AEST
    Oil prices drop as Fed worries about global economy

    Oil prices sank Friday after the US Federal Reserve expressed doubts about the strength of the global economy as it held off from an interest rate hike. US benchmark West Texas Intermediate for delivery in October dropped $2.22 to $44.68 a barrel from Thursday's close. The Federal Reserve held its key interest rate locked near zero Thursday, citing worries about how the slowdown in China will hit the US economy.

  • Gold shines on US rate decision AFP - Fri, Sep 18, 2015 7:07 PM AEST
    Gold shines on US rate decision

    The US Federal Reserve's decision to leave its main interest rate at close to zero percent has hit the dollar, boosting the price of gold. Gold on Friday hit a two-week high at $1,141.97 an ounce on the London Bullion Market. "Gold was definitely saved by the Fed as no raise in interest rates maintained its appeal of alternative asset," said Jonathan Sudaria, dealer at London Capital Group.

  • Aust bonds firmer after Fed stays on hold AAP - Fri, Sep 18, 2015 4:46 PM AEST

    The Australian bond market is firmer following a keenly awaited decision by the Federal Reserve to keep its interest rate unchanged. Fed chair Janet Yellen citied worries about the slowdown in China as ...

  • BHP says coal needs community support AAP - Fri, Sep 18, 2015 4:17 PM AEST
    BHP says coal needs community support

    BHP Billiton's head of coal says more needs to be done to win the PR war against environmentalists. Plunging prices have put the coal industry under immense financial pressure, and there are no signs of things getting better in the immediate term, BHP's Coal President Mike Henry told an American Chamber of Commerce lunch in Brisbane. Prices for metallurgical coal have fallen by as much as 30 per cent in 2015, and thermal coal prices are 15 per cent lower.

  • Aussie, NZ Dollars Rise as Euro Falls Amid Post-FOMC Correction DailyFX - Fri, Sep 18, 2015 4:03 PM AEST

    Aussie, NZ Dollars Rise as Euro Falls Amid Post-FOMC Correction

  • Gold Soars Yet Copper Falls on Growth Risks after Fed Defers Rate Hike DailyFX - Fri, Sep 18, 2015 3:49 PM AEST

    Gold Soars Yet Copper Falls on Growth Risks after Fed Defers Rate Hike

  • Drillsearch appoints new CEO AAP - Fri, Sep 18, 2015 2:33 PM AEST

    Oil and gas producer Drillsearch Energy has tapped chief operating officer Walter Simpson as its new chief executive to provide the fresh ideas and expertise it says it needs. Mr Simpson has been the acting chief executive of the company after the sudden departure in July of Brad Lingo, after more than six years in the job. Drillsearch had explained his departure as necessary because the company needed fresh ideas and different expertise to move forward.

  • $A briefly spikes after Fed decision AAP - Fri, Sep 18, 2015 12:51 PM AEST

    The Australian dollar is virtually unchanged as it becomes increasingly clear that the Federal Reserve is going to raise its interest rate some time this year. At 1200 AEST on Friday, the currency was ...

  • Aussie market lower at noon AAP - Fri, Sep 18, 2015 12:37 PM AEST

    The share market is lower at noon, with staple stocks slipping. The middling performance across the board follows the fall of oil and copper prices overnight and the US Federal Reserve's decision to defer ...

  • Pryme Energy Limited (ASX:PYM) Investor Presentation Project Update and Reserves ABN Newswire - Fri, Sep 18, 2015 10:33 AM AEST

    Brisbane, Australia, Sep 18, 2015 - (ABN Newswire) - Pryme Energy Limited (ASX:PYM) (OTCMKTS:POGLY) is pleased to provide an update on its projects and reserves through the enclosed investor presentation. ...

  • Sayona Mining Ltd (ASX:SYA) Superior Quality Graphite Demonstrated in 31 Tonne Pilot Plant Test ABN Newswire - Fri, Sep 18, 2015 10:27 AM AEST

    Brisbane, Australia, Sep 18, 2015 - (ABN Newswire) - Sayona Mining Limited (ASX:SYA.AX - News) ("Sayona" or "The Company") is pleased to announce the results of the Itabela graphite project pilot plant testing program conducted at Brazil's leading certified graphite laboratory, Fundacao Gorceix. Metallurgical test work yielded an excellent combination of high-purity and large flake graphite which achieves premium pricing in global graphite markets.

  • Actors join campaign to draw attention to Arctic issue Associated Press - Fri, Sep 18, 2015 8:52 AM AEST
    Actors join campaign to draw attention to Arctic issue

    Critics of Arctic offshore petroleum drilling have used climbing gear, kayaks and polar bear costumes to protest industrial activity in the Arctic. They're now trying humor. Actors Alexander Skarsgard ...