BusinessAustralian Associated PressMoney too tight to mention for many
On its knees just a year ago, Australia's economy has roared back to life with the promise of growth, jobs and higher wages. On paper, it's enough to inspire a national sigh of relief.
BusinessBloombergTreasuries Dip With Focus on Fed; Stocks Mixed: Markets Wrap
(Bloomberg) -- Treasury yields edged higher Monday as investors prepared for a key Federal Reserve meeting later in the week. Stocks were mixed in thin trading.Ten-year Treasury yields inched up to around 1.46% after hitting three-month lows on Thursday and notching their biggest weekly slide since December last week. Stocks saw modest gains in Japan and a drop in South Korea. Trading volumes were light with a number of holidays in the region including in Australia, China and Hong Kong. U.S. fut
BusinessReutersWorld stocks near record high as investors await dovish Fed act
Global shares held firm near record highs on Monday while U.S. bond yields flirted with three-month lows as investors expect the Federal Reserve to stick to its dovish mantra later this week. Globally, equity markets were basking in the prospects of a broadening economic recovery from the coronavirus pandemic and anticipation of continuity in dovish monetary policy from the U.S. Federal Reserve. The MSCI all-country world equity index, the U.S. S&P 500 and the pan-regional STOXX Europe 600 index all closed at record highs on Friday.
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