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ASX to open up, testing week for economic data as Jobkeeper ends

Samantha Menzies
·Contributing editor
·1-min read
An interesting week for Australia's economic data sits ahead. Source:  REUTERS/Daniel Munoz
An interesting week for Australia's economic data sits ahead. Source: REUTERS/Daniel Munoz

Good morning.

Here's everything you need to know in finance markets for today.

ASX: The ASX is expected to open higher as markets lifted ahead of a shortened Easter weeks and the impending halt of Jobkeeper payments.

Wall Street: The S&P 500 and Dow rose in a broad-based rally on Friday, with technology, healthcare and financial stocks providing the biggest lift as investors bet on a recovery that is expected to deliver the fastest economic growth since 1984.

AUD: The Australian dollar suffered a minor 0.05% fall and is currently trading at 0.7636 to the US dollar.

Govt hack: A potential parliament house hack is under investigation by Australia's lead agency for cyber security. The department of parliamentary services (DPS) email network was shut down over the weekend due to an IT system issue.

Data week: There will be a flurry of economic figures in the coming week, as is normally the case at the start of the month. Key housing figures, monthly lending data and ANZ-Roy Morgan confidence gauge are among the raft of data due out this week.

Speeding fines: NSW government coffers have been boosted by a dramatic spike in revenue from speeding motorists as signs alerting drivers to the speed cameras have been removed. Labor says NSW drivers forked out more in fines last month than they did in the entire last financial year. The government collected more than $6 million in revenue in February - compared to $5,743,994 last financial year.

Have a great day.