Aussie retreats as construction falters

Construction contracts Construction work done in Australia in the fourth quarter contracted for a second straight quarter, which could be a potential drag on economic growth. Construction work declined 3.1% in Q4, compounding the -2.8%…

Daily Markets Broadcast 2019-02-27

Posted 34 minutes agoShare Print Daily Markets Broadcast 2019-02-27 Wall Street softens with Fed in no rush In his first day of testimony, Fed Chairman Powell highlighted “crosscurrents and conflicting signals” facing the US economy,…

Markets cancel Mayday on Brexit

Prepared by Jeff Halley, Senior Market Analyst Markets cancel Mayday on Brexit  Lots of noise, but precious little to show for it: this sums up Wall Street overnight. All three major indices rallied intraday on…