Australia markets close in 5 hours 41 minutes

Yahoo Finance morning wrap for Friday

(COMBO) Britain's Prime Minister Boris Johnson and his dog Dilyn, and Britain's Labour Party leader Jeremy Corbyn, are are seen as they attend Polling Stations to cast their ballot papers and vote on December 12, 2019, as Britain holds a general election. (Photo by TOLGA AKMEN,DANIEL LEAL-OLIVAS/AFP via Getty Images)

Good morning.

Here’s everything you need to know this morning in Australia and beyond to kick off your Friday.

ASX: The Australian share market is expected to open higher after Wall Street gained overnight amid new hopes of a US-Chinese trade truce.

The SPI200 futures contract was up 29.0 points, or 0.43 per cent, at 6,732.0 at 0800 AEDT, suggesting a positive start for the benchmark S&P/ASX200 on Friday.

On Wall Street, the Dow Jones Industrial Average was up 0.79 per cent, the S&P 500 was up 0.86 per cent and the tech-heavy Nasdaq Composite was up 0.73 per cent.AUD: The Aussie dollar is buying 0.69 USD as of 9:48pm 12 December.

AUD: The Aussie dollar is buying 69.09 US cents from 68.81 US cents on Thursday.

Sitting on its hands: Despite a raft of disappointing economic news, the Reserve Bank of Australia did nothing last week to help stimulate the economy.

It is on a ‘watch and not-act’ alert for the economy, failing to fully use its policy tools to help ensure, lock in and guarantee a stronger economy into 2020 and 2021. That’s what independent economist and Yahoo Finance columnist Stephen Koukoulas thinks, anyway: read more here.

There are some new rules for home loan borrowing – but there are three things you must do to get your loan across the line. Financial educator and commentator Nicole Petersen-McKinnon runs you through it.

What is Beyoncé stressed about? Turns out she, like the rest of us, is worried about work-life balance. Read more about how she juggles being a mum, a wife, and a business owner (she founded management and entertainment company Parkwood Entertainment in 2010).

What do employees want to be thanked for? There are some things workers want recognition for than others. Here’s what we want to hear a simple ‘thank you’ for from our bosses or colleagues.

Spooky: There are many ways to sell a home. Describing them as in need of “bulldozing” is one, unorthodox way of doing so. But that’s how this property has been described. Have a look at it here.

UK Election: Judging by the numbers from The Guardian and Nine, Boris Johnson is about to win by a mile, with the exit poll suggesting 368 Conservative seats. You only need 326 seats for a majority.

Have a great weekend.

Make your money work with Yahoo Finance’s daily newsletter. Sign up here and stay on top of the latest money, news and tech news.