Overnight Update: US stocks rallied on Friday despite only modest gains reported in the non-farm payrolls report, 113,000 jobs were added in January against...
Overnight Update: US stocks rallied on Friday despite only modest gains reported in the non-farm payrolls report, 113,000 jobs were added in January against estimates of 185,000. The unemployment rate nudged lower to 6.6% from 6.7%. Shares in Europe also posted good gains, trimming losses for the year. In Australia, the RBA released its Statement of Monetary policy which continued upgrades to both GDP estimates and CPI forecasts.
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