Financial Markets News: Top 5 Things to Watch This Week

1. U.S. Jobs Report. In a big week for economic data the U.S. jobs report for July will steal the spotlight, with a consensus forecast for the economy to add 160,000 jobs, slowing from 224,000 in June. The unemployment rate is expected to tick down to 3.6%, while average hourly earnings are forecast to rise […]

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Australian Economy Stuck In Sub-Par Growth

Australia may be destined for another two years of sub-par economic growth as debt-laden households keep their wallets shut tight, though analysts are hopeful lower interest rates and tax handouts would help it dodge a recession. Economists polled by Reuters forecast Australia’s A$1.9 trillion ($1.3 trillion) of annual gross domestic product (GDP) would expand 2.1% […]

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