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08/08/2022- Morning Note

    Home Stockbroking & Research Morning Notes 08/08/2022- Morning Note
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    08/08/2022- Morning Note

    By Jonas Dorling | Morning Notes | 0 comment | 8 August, 2022 | 0

    Key News Overnight: July nonfarm payrolls increased by 528K, much faster than consensus for 250K jobs and above June’s upwardly revised 398K level (was 372K). Asian equities set for a weaker start to Monday trade. Nikkei, Hang Seng and ASX futures all pointing to losses as US contracts trade lower. Bonds under pressure with double-digit gains in Aussie and New Zealand yields. FX markets steady after dollar rallied in the wake of Friday’s better-than-expected US jobs report. Crude down to its lowest since early February.

    In This Issue: US Jobs Data | OZ Minerals (OZL) BHP Proposal Rejected | Nexus Metals (NXM) Crusader-Templar Results

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