Overnight Update: Treasury prices fell, sending yields higher for the third consecutive session as investors make last minute trades ahead of a much watched...

Bell Potter

Stockbroker

Overnight Update: Treasury prices fell, sending yields higher for the third consecutive session as investors make last minute trades ahead of a much watched jobs report. Gold futures managed to score a modest gain. The euro jumped against the dollar. Oil futures climbed nearly 1% as a drop in US jobless claims raised the prospects for energy demand and helped lift prices back above $98 a barrel. European stock markets rallied after European Central Bank President Mario Draghi reiterated that the bank has plenty of tools left to ease further if demanded by economic conditions. London: BHP +1.02% Rio +1.99% Base metal prices were marginally higher in Thursday's LME premarket, with many market participants still on the sidelines ahead of tomorrow's US non farm payrolls data and the return of China.


Bell Potter Securities is a leading Australian stockbroking, investment and financial advisory firm that provides a comprehensive offering of financial services to a diversified client base that includes individuals, institutions and corporations.

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