Scoreboard: Work it out

Britain stole the show overnight with the jobs market posting the strongest growth on record, while the Australian dollar tiptoed higher.

Not the best of sessions for stocks overnight, although there wasn’t really much to drive the change in sentiment. Most of the press seem to cite the recent global growth downgrades by The World Bank, although that hardly seems likely. Don’t get me wrong, it wouldn’t have helped, but the forecasting track record of these types of institutions isn’t that good -- it’s not market moving stuff.


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