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  • News Corp 2Q16 Result 5 Feb 16: NWS revenue OK but more cost cutting to come.

    News Corp has reported second quarter revenue of US$2.16 billion, beating market expectations.

    Whitehaven Coal Half Year Result 5 Feb 16: WHC records first profit since 2012

    Whitehaven Coal (WHC) posted a better than expected return to profit in the first half, generating $7.8m in earnings. The result was driven by a 52% rise in coal sales, cost savings, improved margins & a softer AUD.

    Chimerica: the volatility beast

    Superbowl and the Year of the Monkey will be ushered in on Sunday, but fans of FX volatility will also be welcoming important US and Chinese economic releases over the weekend.

    Aust share market closes lower

    The local bourse closed slightly lower, hurt by financial and retail stocks after poor earnings and retail data.

    Jobs the key for rates

    The labour market is the key to the RBA's ruminations on rates.

    Telstra buys more spectrum for $190m

    Telecom giant Telstra has spent $190 million on buying more spectrum to improve its mobile network.

    EU leaders not happy with Brexit offer

    No European leaders are satisfied so far with proposals for a deal to keep Britain in the EU, which Prime Minister David Cameron hopes to secure at a summit this month, sources close to the negotiations told AFP.

    Obama floats $10-a-barrel oil tax

    US President Barack Obama on Thursday proposed a controversial $10-a-barrel tax on oil firms to pay for much needed infrastructure improvements.

    CommSec Daily Report Friday

    Aussie shares are softer after surging 2.1 per cent on Thursday and falling by 2.3 per cent on Wednesday. The ASX 200 is down 0.7 per cent at lunch, taking the losses this week to 1.2 per cent.

    Shares lower ahead of US job numbers

    The Australian share market has opened in the red following mixed performances from overseas markets and ahead of US non-farm payroll numbers' release.

    RBA watching data, rate cut an option

    A cut remains an option but the RBA prefers to keep the cash rate steady as it waits to see how the jobs market and global economy pan out.

    A new variable into top-down views ? DXY moves

    A new variable into top-down views ? DXY moves. The USD basket has lost 3.2% since the close on Friday and 2.3% in two days, with Wednesday being the worst single day in DXY in seven years.
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