- ASX is trading lower today at 5390-5395 levels after the Wall Street had its worst day since August, despite Twitter's bumper opening day.
- Australian dollar (AUD) fell after the RBA's (Reserve Bank of Australia) statement on quarterly monetary policy but now the local currency has recovered most of its losses. AUD was trading just above 94.60 US cents but fell to as low as 94.28 US cents after RBA's statement. The statement said the RBA was forecasting lower growth for 2014 and that a lower exchange rate was needed for balanced growth.
- A big economic data is coming on calendar tonight is US employment report. The data is predicted to show the nation added 120,000 jobs last month, while the jobless rate inched up to 7.3 per cent, from 7.2 per cent in September.
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