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Sitting through lectures and tutorials may be worth more than you think: the well-being value of a university degree is nearly $1 million. Modelling for the Fairfax Media Lateral Economics Well-being Index has found each degree, or higher trade
Moving forward, the risk of better jobs data is to break that level and may trade between 44.50 and 44.75 against a dollar," Ravelas said.
The Australian dollar is trading off its three-month lows but remains in a holding pattern, as financial markets look towards a raft of US jobs data for guidance on when the Federal Reserve could start to reduce its bond purchases. The local currency
Friday, the local unit was trading at 90.48 US cents, up from 90.34 cents on Thursday. The currency shot up in the early hours of Friday morning, to an offshore session high of 90.76 US cents, after ECB president Mario Draghi said the eurozone
At the closing bell on Thursday, the Dow Jones Industrial Average lost 68.65 (0.43 per cent) at 15,821.12. The broad-based S&P 500 fell 7.74 (0.43 per cent) to 1,785.07, while the tech-rich Nasdaq Composite Index dipped 4.84 (0.12 per cent) to 4,033.
US economic data supported investor expectations for a reduction in Federal Reserve stimulus. The most actively traded contract, for February delivery, on Thursday fell $US15.30, or 1.2 per cent, to settle at $US1,231.90 a troy ounce on the Comex
While there seems to be some bearish sentiment around Australian shares at the moment, recent price action simply reflecting the market is poised to move higher in the near future, Rivkin global analyst Tim Radford says. "The trend remains up, and
Friday, the local unit was trading at 90.70 US cents, up from 90.34 cents on Thursday. The currency initially fell after official figures showed that the US economy grew at an annual pace of 3.6 per cent during the third quarter, marking the fastest
Gold futures fell 2% on Thursday, set to return much of the gains they scored in the previous session as U.S. data pointed to a stronger-than-expected economic recovery. February gold dropped $25.50, or 2%, to $1,221.70 an ounce on the Comex
Banking Private employers added a stronger-than-expected 215,000 new jobs in November, raising expectations the Federal Reserve may soon reduce its $85 billion a month bond buying program...Reuters Economy Economists generally say that it takes