Quotes from the news wire:
It's a combination of international investors attracted to the sector due to the falling Australian dollar and local investors playing catch up with the share market's 2016 high.
Found on Reuters 4 years ago
Healthcare
There is likelihood of positive surprise on Friday and that will also add to the weight on gold.
Found on Reuters 4 years ago
Company News
It's clear from the selling of bonds that the safe haven aspect of the investment market is less desirable than it was a few days ago.
Found on Reuters 4 years ago
Company News
With oil markets producing 1 million barrels a day in excess (of demand) and very little sign of any rational response from the supply side, it's little wonder we're seeing pressure again.
Found on Reuters 4 years ago
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The Chinese economy actually contracted in December and that's adding fire to fears of a more rapid slowdown in the world's second biggest economy.
Found on Reuters 4 years ago
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The U.S. inventory numbers showed a 16 million increase in distillates and other products, so it's clear they're still producing at rates that are unsustainable.
Found on Reuters 4 years ago
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It's unusual to see the so-called safe-haven assets moving down with industrial commodities, potentially this selling (in commodities) is now being overdone, but today there's no sign of a turnaround.
Found on Reuters 5 years ago
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There's clearly a souring of sentiment towards industrial commodities and I think that's spilling over to oil today.
Found on Reuters 5 years ago
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Potentially this selling (in commodities) is now being overdone, but today there's no sign of a turnaround.
Found on Reuters 5 years ago
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