ASX 200: June jobless rate spike; Bowen's clock ticking after BUMA salvo; Santos quarterly beat
June jobless rate spikes to 4.3 per cent, with some saying RBA's recent hold call is 'policy error'. AUD down. BUMA slaps statutory demand on Bowen.
Welcome to the Trading Day blog for Thursday, July 17. The ASX 200 index is up 0.7 per cent to 8619.20 points at 2pm AEST with property and bank stocks strongest in the sea of green.
Wall Street's major indexes ended a volatile session with gains as US investors took stock of US President Donald Trump's consistent efforts to undermine the independence of the US Federal Reserve by his public commentary and private actions against chairman Jerome Powell.
The S&P 500 rose 0.3 per cent, the Dow Jones index closed 0.5 per cent higher and the technology-focused Nasdaq index climbed 0.3 per cent to its third straight record.
Cryptocurrency giant bitcoin is near $US118,100 - after hitting a record high above $US123,000 earlier in the week.
The Aussie dollar is trading around US64.87c.
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Originally published as ASX 200: June jobless rate spike; Bowen's clock ticking after BUMA salvo; Santos quarterly beat
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