THE Australian dollar is lower weighed down by tensions over Greece’s bailout negotiations with European officials.
At 0700 AEDT on Friday, the local unit was trading at 77.88 US cents, down from 78.10 cents on Thursday.
And the Australian share market looks set to open higher, following gains in metals prices overnight.
At 0657 AEDT on Friday, the March share price index futures contract was up eight points at 5,876.
ELSEWHERE:
ATHENS — Greek Prime Minister Alexis Tspiras has spoken to German Chancellor Angela Merkel for nearly an hour in what a government source said was “a positive climate” aimed at calming the bailout crisis.
WASHINGTON — The number of Americans seeking unemployment benefits fell sharply last week, a sign that a recent string of strong job gains may continue.
WASHINGTON — An index designed to predict the future health of the US economy rose in January by the smallest amount in five months, indicating the economy’s momentum may have slowed a bit.
PARIS
— France’s Socialist government has won a confidence vote tied to its
economic reform package that could in theory have caused its collapse
amid a damaging backbench rebellion.
FRANKFURT — The European Central Bank says its net profit declined in 2014 as a result of lower interest income and higher operating expenses related to its new role as banking supervisor.
LONDON — British aerospace group BAE Systems says its 2014 net profits more than quadrupled on lower impairments, but underlying earnings fell on weak Western defence spending.
BENTONVILLE, Arkansas — Wal-Mart Stores Inc. has reported fiscal fourth-quarter earnings of $US4.97 billion ($A6.36 billion).
WASHINGTON — Mortgage giant Freddie Mac has posted net income of $US227 million ($A290.36 million) for the fourth quarter.
At 0700 AEDT on Friday, the local unit was trading at 77.88 US cents, down from 78.10 cents on Thursday.
And the Australian share market looks set to open higher, following gains in metals prices overnight.
At 0657 AEDT on Friday, the March share price index futures contract was up eight points at 5,876.
ELSEWHERE:
ATHENS — Greek Prime Minister Alexis Tspiras has spoken to German Chancellor Angela Merkel for nearly an hour in what a government source said was “a positive climate” aimed at calming the bailout crisis.
WASHINGTON — The number of Americans seeking unemployment benefits fell sharply last week, a sign that a recent string of strong job gains may continue.
WASHINGTON — An index designed to predict the future health of the US economy rose in January by the smallest amount in five months, indicating the economy’s momentum may have slowed a bit.
FRANKFURT — The European Central Bank says its net profit declined in 2014 as a result of lower interest income and higher operating expenses related to its new role as banking supervisor.
LONDON — British aerospace group BAE Systems says its 2014 net profits more than quadrupled on lower impairments, but underlying earnings fell on weak Western defence spending.
BENTONVILLE, Arkansas — Wal-Mart Stores Inc. has reported fiscal fourth-quarter earnings of $US4.97 billion ($A6.36 billion).
WASHINGTON — Mortgage giant Freddie Mac has posted net income of $US227 million ($A290.36 million) for the fourth quarter.
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