Economy keeps creating jobs
Australia’s jobless rate rose to a higher-than-expected 5.6pc in February, but a further 17,500 jobs were created.
Australia’s jobless rate rose to a higher-than-expected 5.6pc in February, but a further 17,500 jobs were created.
Australia posted a seasonally adjusted trade surplus of $3.57 billion in February, the ABS said.
The local unit was boosted by the best business conditions in nine years.
The local unit was stronger in afternoon trade, following a positive economic forecast from the Reserve Bank.
Investors were cautious in midafternoon trade, ahead of a speech by the Reserve Bank’s Philip Lowe.
The local unit retained strong support in midafternoon trade, despite soft retail sales figures.
The local unit has retained strength found in the wake of Thursday’s trade data, beating most peers.
The local unit was more than half a cent higher in late afternoon, boosted by record trade data.
The local unit was steady in afternoon trade, despite market fixation on Trump’s forex comments.
The local unit was slightly stronger in midafternoon trade, as currency markets eyed Trump’s travel ban.
Original URL: https://www.theaustralian.com.au/author/james-glynn/page/24