Scoreboard: Draghi at the ready

Comments from the European Central Bank president helped lift markets on both sides of the Atlantic, while oil, gold and iron ore prices slid further.

In the US, jobless claims fell by 10,000 to 278,000 last week. The Labor Department also reported that hourly compensation increased at a 2.3 per cent rate in the September quarter. Labour productivity rose at a 0.3 per cent rate in the September quarter after a decline of 0.5 per cent in the June quarter.


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