Yahoo Finance's morning wrap for Friday
Good morning.
Markets: Wall St gained overnight despite the Donald Trump impeachment, but the Australian market is expected to open lower on Friday morning. SPI200 futures was down 0.43 per cent at 7am AEDT.
The Australian dollar is buying 68.86 US cents, slightly up from 68.79 US cents on Thursday.
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Property "hotspots" are rubbish. Our real estate expert Michael Yardney explains, while we also take a look at how house prices fared in each capital city over the past decade.
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Facebook and Google may be forced to reveal their 'secret sauce' of how articles appear in users' feeds. The Australian government's digital platforms inquiry may include negotiations on disclosure of these algorithms between the internet giants and media companies.
Remember the controversy over Scott Morrison taking holidays while the bushfires continue? An Australian menswear website crashed after it offered Hawaiian shirts featuring the prime minister's face. The retailer would have given 100 per cent of the profits to fire services.
Have a great weekend!
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