News Snapshot:
Apple and Amazon are set to report results on Thursday (Friday AEST). US private payrolls increased by 324,000 jobs last month after surging by 455,000 in June, according to ADP. Economists polled by Reuters had forecast private employment would increase by 189,000. The increase bolsters increasing optimism about the outlook for the US economy. The ADP National Employment report on Wednesday also showed a moderation in wage growth, which bodes well for the inflation outlook. Official July payroll data will be released late Friday AEST. Today's agenda Advertisement Local: June trade balance and second-quarter retail sales volumes at 11.30am Overseas...
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