Yahoo Finance Yahoo Finance morning wrap for Monday
Good morning.
Here’s your daily wrap-up of news in Australia and around the world to kick-start your week:
ASX: Australian shares look likely get off to a good start on Monday on the back of gains in overseas markets and a positive economic data.
The Australian share market closed flat for the week on Friday after seven days of gains followed by two days of sell-offs left it up less than one point higher than where it had begun last Monday.
Wall Street’s main indexes rose on Friday after data showed U.S. employment in March accelerated from a 17-month low, easing concerns of a domestic slowdown, while hopes of a U.S.-China trade deal added to the sentiment.
The sweeteners worked: Frydenberg’s personal tax cuts and other sweeteners in the budget handed down last Tuesday have made a dent in Labor’s lead in the Newspoll election polls, with the current margin at 48-52. But they’ve still got a way to go if they want to pull ahead of the opposition.
Blast from the past: Ever wondered how that phone call between the then-Prime Minister Malcolm Turnbull and US President Donald Trump got leaked? Well, whoever leaked it could face criminal charges.
Devin Nunes, the highest-ranking Republican member on the US House of Representatives Intelligence Committee, announced on Sunday he is sending eight criminal referrals to US Attorney General William Barr.
Brexit scramble: UK Prime Minister is working on cross-party talks to jumpstart plans for Brexit before the Friday deadline for leaving the European Union.
May reluctantly reached out to Labour MPs on Tuesday after parliament voted down her divorce deal with the EU for the third time.
Until then, Britain hasn’t exited the EU just yet. But some people have found that the words ‘European Union has been wiped off their passports, SBS has reported.
It’s not just junior workers get underpaid, apparently. A top sommelier at former up-market Sydney restaurant Sepia is suing his former bosses over allegations of underpayment and mistreatment, according to the SMH.
ICYMI: These are the five questions you need to ask your dealer if you’re buying a used car, because no one likes a lemon.
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