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labour market

Pace of hiring picking up

Dun and Bradstreet’s national business expectations survey shows employment expectations for the June quarter have jumped to 5 index points, up from a flat reading for March. The June quarter result, 31 percentage points higher than a year ago, is the strongest rebound in the 22-year history of

Investment expectations on the rise

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Capital investment expectations for the June quarter have risen to the highest level in seven years and employment expectations are back in the black, a business survey shows. Twelve per cent of firms surveyed expect to increase capital investment, while just two per cent are planning to
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Investment expectations on the rise

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AAP Capital investment expectations for the June quarter have risen to the highest level in seven years and employment expectations are back in the black, a business survey shows. In a further sign of business confidence about the year ahead, a Dun & Bradstreet survey of business
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Dollar opens higher on Wall Street rally

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At 7am AEDT, the dollar was trading at $US0.8685/92, up 0.21 per cent from Friday's close of $US0.8668/72. From 5pm AEDT on Friday, the local unit traded between $US0.8720 and $US0.8580, its lowest level since October 2, 2009. Wall Street ended slightly higher as a rebound in
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AUD | Australian Dollar opens higher on late rally on Wall Street

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The Australian dollar opened higher this morning as a late rally on Wall Street on Friday restored some confidence and lifted demand for high yielding assets such as the local currency. At 7am, the Australian dollar was trading at 86.85 US cents, up 0.21 per cent from Friday's close of
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$A opens higher on late rally on Wall St

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AAP The Australian dollar opened higher on Monday as a late rally on Wall Street on Friday restored some confidence and lifted demand for high yielding assets such as the local currency. At 0700 AEDT, the Australian dollar was trading at $US0.8685/92, up 0.21 per cent from Friday's
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US loses 20,000 jobs in January: report

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The Labor Department report, seen as one of the best indicators of economic momentum , puzzled analysts since the two surveys used offered a vastly different picture of the labour market . The report released on Friday showed the jobless rate eased to 9.7 per cent from 10.0 per cent in
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US stocks dip on jobs report

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The Dow Jones Industrial Average fell 4.31 points (0.04 per cent) to 10,292.54 in early trades, following two consecutive days of strong gains. The tech-rich Nasdaq composite slid 0.92 point (0.04 per cent) to 2189.14 and the Standard & Poor's 500 index retreated 2.13 points (0.19 per
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NZ dollar rally runs out of steam; debt firmer

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* Kiwi a touch firmer as risk appetite picks up WELLINGTON, Feb 3 (Reuters) - The New Zealand dollar was a touch firmer but off its highs on Wednesday as renewed concerns about China's bank lending policies offset a boost from increased risk appetite on an improved global economic
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NZ dollar firmer as risk improves, debt steady

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* NZ dollar NZD=D4 around $0.7113/23, compared with $0.7050/60 in late trade on Tuesday. It had briefly fallen below $0.7000 on Monday for the first time since late December on risk aversion . * U.S. dollar falls as Wall Street shares advance and commodities gain, luring investors back into
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