Mar 7, 2014

Morning Market Report

Interest rates cut to record lows across Britain and much of Europe.

The market is up 11 points. DOW up 62. ASX Futures up nine.

US economic news — weekly jobless claims fell 26,000 to 323,000, the lowest in three months and better than expected, but productivity rose 1.8% in the December quarter, lower than the 2.5% expected and factory orders fell more than expected, down 0.7% in January.

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