05 Jan Australia shares set to open higher on Wall Street’s lead, but NZ tepid
Australian shares are expected to start
the week firmer on Monday, following a strong lead from Wall
Street as investors took heart from strong U.S. jobs data and
dovish remarks from Federal Reserve Chairman Jerome Powell.
All three major U.S. stock indexes surged more than 3
percent on Friday in one of the broadest advances in years after
a strong employment report and Powell’s pledge that the central
bank would be patient with its monetary policy.
T
the week firmer on Monday, following a strong lead from Wall
Street as investors took heart from strong U.S. jobs data and
dovish remarks from Federal Reserve Chairman Jerome Powell.
All three major U.S. stock indexes surged more than 3
percent on Friday in one of the broadest advances in years after
a strong employment report and Powell’s pledge that the central
bank would be patient with its monetary policy.
T
Sorry, the comment form is closed at this time.