Day: June 11, 2020

Morning Headlines

Buy Australian, streaming services told Streaming video providers such as Netflix, Stan and Disney+ would be required to invest in local content under proposals to have similar content and classification rules apply to broadcast...

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Oil prices slump 8% on demand concerns

Oil prices tumbled by about 8 per cent a barrel overnight, fuelled by renewed concerns about demand destruction as new cases of coronavirus tick up globally, while crude inventories hit a record in the United States.

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Gold eases but holds near one-week high

Gold eased overnight as the dollar firmed but fears over a fresh wave of coronavirus infections and the US Federal Reserve’s pledge to keep interest rates low kept bullion close to its highest in over a week.

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