The Australian bond market is weaker after the release of strong US employment data at the end of last week. The US economy created 257,000 new jobs in January, better than the expected gain of 230,000 that was expected. UBS interest rate strategist Andrew Lilley said the data means that markets are now looking more Read More
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Tony fails to consult on choice to consult more TONY Abbott has unilaterally declared he will run a more open, consultative government, saying he does not need to consult his colleagues on his own level of consultativeness.
Gold slumps on good US jobs data Gold has slumped to its lowest level in three weeks, falling $ US28.10, or 2.2 per cent, to $ US1,234.60.
Gold slumps on good US jobs data Gold has slumped to its lowest level in three weeks, falling $ US28.10, or 2.2 per cent, to $ US1,234.60.
![CDATA[ By Jonathan Underhill Feb. 9 (BusinessDesk) – Further evidence of the strong US labour market and a rebound in the price of oil has bolstered the mood on Wall Street as investors await more corporate earnings as well as the outcomes of meetings of Group of 20 leaders and euro-zone finance ministers. A report Read More
New York (AFP) – Oil prices scored strong gains for a second day Friday, helped by a surprisingly robust jobs report in the United States, the world’s largest crude consumer. US benchmark West Texas Intermediate (WTI) for March delivery advanced $ 1.21 (2.4 percent) to settle at $ 51.69 a barrel. Brent North Sea crude Read More
RadioShack bankruptcy filing: To sell up to 2,400 stores Electronics retailer RadioShack Corp filed for U.S. bankruptcy protection on Thursday and said it had a deal in place to sell as many as 2,400 stores to Sprint and an affiliate of hedge fund Standard General, its lender and largest shareholder. RadioShack, which posted losses in Read More
* Twitter, LinkedIn climb in premarket after results * GoPro stumbles after results, COO resignation * Payrolls report tops expectations * Futures up: Dow 72 pts, S&P 6.75 pts, Nasdaq 10.55 pts (Adds data, news on defense deal) By Chuck Mikolajczak NEW YORK, Feb 6 (Reuters) – U.S. stocks were set to advance at the Read More
* Twitter, LinkedIn climb in premarket after results * GoPro stumbles after results, COO resignation * Payrolls report on tap * Futures up: Dow 29 pts, S&P 3 pts, Nasdaq 5 pts By Chuck Mikolajczak NEW YORK, Feb 6 (Reuters) – S&P Futures were little changed on Friday ahead of the monthly payrolls report, with Read More
LONDON (ShareCast) – 1117: US stock futures are currently pointing to a flat start ahead of the non-farm payrolls report, with the S&P 500 unchanged and the Dow and Nasdaq up just 0.1%. Forecasts are for a 230,000 gain in NFPs in December after a reading of 252,000 in November, while the jobless rate is Read More