Commodities Market

  • Aust stocks slightly higher AAP - Thu, Dec 22, 2016 12:17 PM AEDT

    The Australian share market is slightly higher on low volumes as trading winds down ahead of Christmas. There's nothing outstanding though," Phillip Capital senior client adviser Michael Heffernan said. Mr Heffernan said it was "just the absence of bad news" driving the market on Thursday.

  • Aust shares higher at noon AAP - Tue, Dec 20, 2016 12:37 PM AEDT

    The Australian share market is higher at noon, helped by gains in bank stocks, utilities and retail-focused shares. The benchmark S&P/ASX 200 index was up 0.6 per cent at 1200 AEDT despite minutes from ...

  • 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 ...

  • 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 ...

  • 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.

  • PNG PM hands off on Oil Search bid AAP - Fri, Sep 18, 2015 8:52 AM AEST

    Papua New Guinea's prime minister is taking a hands-off approach to a Woodside takeover move for Oil Search. The Oil Search board this week unanimously rejected Woodside's all-scrip bid, valued at $11.6 billion, saying it grossly undervalued the PNG-focused energy producer. Peter O'Neill confirmed he'd met with Woodside chief executive Peter Coleman in Port Moresby this week.

  • Gold Price Begins Bullish 5-3 Elliott Wave Sequence DailyFX - Fri, Sep 18, 2015 7:05 AM AEST

    Gold Price Begins Bullish 5-3 Elliott Wave Sequence

  • New Zealand Dollar Forecast Remains Cautiously Bearish DailyFX - Fri, Sep 18, 2015 1:30 AM AEST

    New Zealand Dollar Forecast Remains Cautiously Bearish

  • We’ll Wait to See Major US Dollar Breakout versus the Yen DailyFX - Fri, Sep 18, 2015 1:30 AM AEST

    We’ll Wait to See Major US Dollar Breakout versus the Yen

  • Gold Prices Show Signs of Life DailyFX - Fri, Sep 18, 2015 1:30 AM AEST

    Gold Prices Show Signs of Life

  • British Pound May Drop, but We’re Waiting for Bigger Shift in Sentiment DailyFX - Fri, Sep 18, 2015 1:30 AM AEST

    British Pound May Drop, but We’re Waiting for Bigger Shift in Sentiment

  • What does Retail Forex Sentiment Say about the Dollar Ahead of the Fed? DailyFX - Fri, Sep 18, 2015 1:24 AM AEST

    What does Retail Forex Sentiment Say about the Dollar Ahead of the Fed?

  • EUR/USD Bulls Vulnerable on Bets for 2015 Fed Rate Hike DailyFX - Fri, Sep 18, 2015 1:10 AM AEST

    EUR/USD Bulls Vulnerable on Bets for 2015 Fed Rate Hike

  • Oil prices dip as Fed holds rate at zero AFP - Thu, Sep 17, 2015 7:38 PM AEST
    Oil prices dip as Fed holds rate at zero

    World oil prices dipped Thursday as traders weighed a Federal Reserve decision to keep its benchmark interest rate at zero, citing worries about global growth. US benchmark West Texas Intermediate for October delivery slipped 25 cents to $46.90 a barrel on the New York Mercantile Exchange. The Fed, following a two-day policy meeting, left its federal funds rate unchanged at zero-0.25 percent, opting against the first increase in nine years.

  • Presto boss acknowledges brand struggle AAP - Thu, Sep 17, 2015 6:20 PM AEST

    Presto has struggled to establish its brand in the crowded streaming market, with boss Shaun James acknowledging the difficulty in being owned by more traditional media players. Mr James said Presto had been challenged since its launch in March 2014 by its association with parent companies Foxtel and Seven West Media, and was only now starting to create its own identity in a market it shares with Netflix, Stan and others. The former Warner Music and Network Ten executive said Presto had focused heavily on big ticket content in its early advertising, which attracted subscribers but did not necessarily establish the brand in the minds of Australian consumers.

  • BHP CEO backs lifting US crude export ban AAP - Thu, Sep 17, 2015 5:50 PM AEST
    BHP CEO backs lifting US crude export ban

    Mining giant BHP Billiton's chief executive has backed a call for the United States to lift its ban on crude oil exports, ahead of a likely vote on the issue in the US Congress. Andrew Mackenzie has also called on the world's largest economy to dismantle trade barriers with China, India and other emerging economies, saying international trade is needed to boost global growth. "If the US revises its policies on the trade in natural resources, particularly the crude oil export ban, it will be a stand for open markets," Mr Mackenzie said in a speech to the US Chamber of Commerce.

  • US Dollar Outlook Favors Gains on Fed Rate Decision Outcome DailyFX - Thu, Sep 17, 2015 5:30 PM AEST

    US Dollar Outlook Favors Gains on Fed Rate Decision Outcome

  • Aust stocks rise ahead of US rates outcome AAP - Thu, Sep 17, 2015 5:21 PM AEST

    The Australian share market has climbed higher as the US Federal Reserve decides whether to hike its benchmark interest rate. Energy stocks have surged after crude oil prices rallied overnight on a US petroleum report which showed lower inventories and production in North America, Bell Direct equities analyst Julia Lee said.

  • Aust bonds weaker ahead of Fed decision AAP - Thu, Sep 17, 2015 4:48 PM AEST

    Australian bond futures prices are weaker as investors move to risk assets ahead of a US interest rate decision. US inflation data has eased expectations that the Federal Reserve will raise its interest ...

  • VIDEO: Blackham Resources Ltd (ASX:BLK) Research Report Initiated by The Sophisticated Investor ABN Newswire - Thu, Sep 17, 2015 3:03 PM AEST

    Perth, Australia, Sep 17, 2015 - (ABN Newswire) - Equity analysts, The Sophisticated Investor, have initiated coverage on Australian near-term gold producer, Blackham Resources Ltd (ASX:BLK). Available ...

  • Productivity best driver for growth: PM AAP - Thu, Sep 17, 2015 2:31 PM AEST

    Prime Minister Malcolm Turnbull believes the best driver for economic growth is productivity. Mr Turnbull said in recent times economic growth has been largely driven by the mining boom and the mining construction boom, but inevitably there has been a decline in mining prices and a drop in the terms of trade. "The future of our economy, the future of our prosperity depends on driving productivity," Mr Turnbull told parliament during question time on Thursday.

  • Sydney drives fall in loan delinquencies AAP - Thu, Sep 17, 2015 2:28 PM AEST

    Soaring Sydney housing prices are encouraging those who are having trouble keeping up with their mortgage repayments to sell up. Ratings agency Moody's has found the number of mortgages that were more than 30 days in arrears fell marginally to 1.34 per cent in the year to May. NSW was the main driver for the nationwide fall, with every other state, except Tasmania, recording rises in mortgage delinquencies despite interest rates being at record lows.