Australian shares have closed higher with most sectors gaining amid a broad rally. The benchmark S&P/ASX200 index was up 52.6 points, or 0.85 per cent, to 6,251.3 points at 1615 AEST on Friday, while the […]
Iron ore futures in China have ticked higher and are on track for their third consecutive weekly gain as spot prices hover near five-year highs. Increased demand from Chinese steelmakers and declining supplies from producers […]
Oil prices fell overnight after sources said OPEC may raise output from July if Venezuelan and Iranian supplies fall further and prices keep rallying. Rising US crude stockpiles also dragged US futures down by more […]
Copper fell overnight on a stronger US dollar and worries about a global slowdown while lead touched its lowest in more than three months on concern that weak car sales would dampen demand for vehicle […]
Gold prices fell more than one per cent overnight, slipping below the key $US1,300 level as robust economic data from the United States boosted the US dollar, taking the sheen off the safe-haven metal. Spot […]
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