NewsYahoo Finance AU5 million Aussies at risk of $55 fine this weekend
Adults in New South Wales this weekend will risk a $55 fine if they don’t complete this important task. This is what you need to do.
- NewsReuters
UPDATE 1-U.S. and EU hail 'convergent' stances toward China
The approach of the United States and Europe toward China is "increasingly convergent," U.S. Deputy Secretary of State Wendy Sherman said on Friday, following meetings with the chief of the European Union's diplomatic service. U.S. President Joe Biden has stressed as a hallmark of his foreign policy the importance of working closely with allies in pushing back against what his administration sees as China's increasingly assertive behavior worldwide. The EU and United States on Thursday expressed concern over China's actions in the South and East China Seas and the Taiwan Strait, which they said had a "direct impact" on their respective security and prosperity.
- BusinessReuters
FOREX-Dollar gains as traders wait to see if U.S. jobs data is strong
The dollar gained on Friday against most major currencies as traders positioned ahead of key U.S. jobs data that could clear the path for an earlier rate hike by the Federal Reserve. Fed officials speaking on Thursday joined Chair Jerome Powell in striking a hawkish stance, with San Francisco Fed President Mary Daly saying it may be time to "start crafting a plan" to raise rates to combat inflation, and Richmond Fed President Thomas Barkin throwing his support behind "normalising policy." At the same time, the continued spread of the Omicron coronavirus variant globally has buoyed safe-havens like the dollar and yen and put pressure on riskier currencies over the past week.
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