Referenced Stocks

Australian Stock Market Report – Midday 7/9/2012

By International Business Times July 08, 2012, 11:14:21 PM EDT

LUNCHTIME REPORT
(12.45pm AEST)

Friday night the overseas markets were hit by weak U.S. job numbers and concern over global growth. The all-important U.S. non-farm payroll numbers came in below market expectations as 80,000 new jobs created over the month of June was just not enough to settle markets. European and U.S. investors were also cautious ahead of the new global growth forecasts from the International Monetary Fund ( IMF ). The head of the IMF Christine Lagarde said in a speech on Friday, in Japan, that she will revise lower the outlook in 8 days.

Read More on International Business Times




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks: IMF



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