Markets Live: ASX wavers; labour boom rolls on
Australian shares alternated from small gains to small losses, and the unemployment rate fell to 5 per cent.
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Australian shares alternated from small gains to small losses, and the unemployment rate fell to 5 per cent.
Capital Economics has turned "even more bearish" on the Aussie, resetting its 2019 forecast for the currency to US60¢.
Many European broking analysts lost their jobs due to new regulatory rules. Their Wall St brethren had been protected, but may not be for much longer.
US strategists cut S&P; 500 first-half profit estimates by the largest margin in four years, according to FactSet.
After an 'excessive' correction, Fat Prophets cites Apple as an attractive investment reward proposition 'at this juncture'.
Australian shares are set to open lower on renewed concerns about a global growth slowdown.
Record stock repurchases by companies last year missed the mark at least in terms of bolstering stock values.
Wall Street strategists are counting on earnings growth in the last three months of the year to save them.
One-month implied volatility has fallen for 20 out of 23 emerging-market currencies tracked by Bloomberg this year.
Bank of America Merrill Lynch has recruited former Macquarie Capital operative Mark Warburton - as its new local head of ECM.
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