Australia shares rise as bleak jobless data strengthens rate cut hopes
Australian shares rose on Friday and
were on track for a fifth straight weekly gain, as an October
rate cut by the country’s central bank appeared more certain
following weak domestic jobless data that heightened growth
concerns.
were on track for a fifth straight weekly gain, as an October
rate cut by the country’s central bank appeared more certain
following weak domestic jobless data that heightened growth
concerns.
Posted by Reuters
