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Checking business news, the G20 leaders meeting in Cannes have agreed to boost resources of the International Monetary1 Fund as we've heard. They say a firm growth plan should be in place by February. Much of the discussion at the summit focused on the financial and political crises in Italy and Greece. Italy has agreed to allow the IMF to monitor its economic reform programme.
The US unemployment rate dropped slightly to 9 per cent last month. The US Labour Department also added that 80,000 jobs were created. The rate came broadly in line with analysts2' estimates for October.
And let's just check the numbers. We've seen the markets in the US, the Dow losing 61 points. In Europe, stocks have also lost ground, the FTSE down marginally while in Asia, the Nikkei was up. It was a good day in Asia yesterday, 161 points up. The Hang Seng was up 600 points. Back home, both the All Ords and the ASX 200 finished the week more than 100 points higher.
And let's check the commodities. Gold is down, but oil is up slightly. And on the currency markets, the Australian dollar is buying around 103 US cents.
点击收听单词发音
1 monetary | |
adj.货币的,钱的;通货的;金融的;财政的 | |
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2 analysts | |
分析家,化验员( analyst的名词复数 ) | |
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