Live updates: Australian share market higher in afternoon trade, as gold jumps

After returning from the Christmas break, the Australian share market is trading higher at lunch time, while in the US uncertainties around president-elect Donald Trump's policies lifted gold prices.

With a completed degree and a new job, Isabel is now taking on a new career, but thinks owning her own home is "a pipe dream".The babies were from a broad range of backgrounds and the study found some fascinating shifts over time, essentially: Rising house prices have benefited home owners as investment in public housing has fallen. When the study began in 1990 around one quarter of the families lived in public housing. But the amount state and federal governments spend on the sector had fallen spectacularly, until a recent turn-around.

"A weak Chinese economy, American threats to impose punishing trade tariffs, a poor medium-to-longer-term outlook for our key exports and a sluggish economy are likely to keep the Australian dollar under pressure through 2025, threatening to send it into the 50 US cents."Hello, Nadia Daly here to carry you through to the end of the day with all the business and finance news you might need.

On a day of few catalysts, investors responded to yields on US government bonds inching higher, including the yield on the benchmark 10-year Treasury note hitting its highest since early May at 4.64% earlier in the session. The megacap tech stocks came off somewhat in the summer, as investors sought to rotate some capital into other sectors offering more value. Since the US elections in November though, they have resumed their drive upwards and have outperformed the equal-weighted version of the S&P 500, said Adam Turnquist, chief technical strategist for LPL Financial.

US stocks steadied after the three major indexes slipped in early trading, interrupting what looked like a "Santa Claus rally" shaping up early this week, in which shares get a seasonal boost from low liquidity, tax loss harvesting and investment of year-end bonuses.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Live updates: Australian share market to fall ahead of third-quarter GDP data, Wall Street mixedA mixed session on Wall Street is likely to send Australian stocks lower, while the Australian Bureau of Statistics is set to release the third-quarter GDP data at 11:30am AEDT.
Source: abcnews - 🏆 5. / 83 Read more »

Live updates: Australian share market to rise as Wall Street ends flat, gold jumps on demandThe Australian sharemarket is set to open higher despite a mediocre session on Wall Street, while uncertainties around President-elect Donald Trump's policies lift gold prices. Follow the latest updates in our live blog.
Source: abcnews - 🏆 5. / 83 Read more »

Live updates: Australian share market rises as Wall Street ends flat, gold jumps on demandThe Australian sharemarket has opened higher despite a mediocre session on Wall Street, while uncertainties around President-elect Donald Trump's policies lift gold prices. Follow the latest updates in our live blog.
Source: abcnews - 🏆 5. / 83 Read more »

Wall Street Rebounds, But Australian Market Expected to Open LowerDespite a rally led by tech giants on Wall Street, the Australian sharemarket is anticipated to weaken at the open. US stocks recovered from a dip triggered by disappointing consumer confidence data, with Tesla and Nvidia pushing the “Magnificent Seven” megacaps higher. However, trading volume was low, and concerns persist about the economic outlook.
Source: smh - 🏆 6. / 80 Read more »