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And when the markets in Europe closed a couple of hours ago, London's FTSE 100 was up seven points. The Dax and Euro were up 28 and 13 points respectively1. In the US, trading comes to a close shortly and the Dow Jones is down 115 points, while the S&P 500 is down eleven points and the Nasdaq is down 27 points.
And the Australian dollar is worth over 103 US cents this morning. It'll also buy you 64 British pence2 and 125 New Zealand cents.
The US economy has beat expections and added 171,000 new jobs in October. But the official Labour Department figures still showed that unemployment rates rose to 7.9%, up 0.1% from September. The unemployment rate edged up slightly because the number of people looking for jobs increased. It means that despite the jump in new jobs, US President Barack Obama is still heading into the presidential elections3 with the highest rate of unemployment rate seen since President Franklin Roosevelt seeked sought re-election in 1936.
Manufacturing4 in China has expanded for the first time in three months. A sign that the country is recovering from its lowest rate of growth in three years. The Purchasing Manager's Index5 rose up to 50.2 in October, up from 49.8 in September.
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1 respectively | |
adv.各自地,独自地,个别地,分别地 | |
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2 pence | |
n.便士;名词penny的复数形式 | |
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3 elections | |
n.选举,当选,推举( election的名词复数 ) | |
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4 manufacturing | |
n.制造业,工业adj.制造业的,制造的v.(大规模)制造( manufacture的现在分词 );捏造;加工;粗制滥造(文学作品) | |
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5 index | |
n.食指;索引;标志;指数;v.把...编索引 | |
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