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Dollar, stock market fall after unemployment figures released

The ASX 200 saw an immediate reaction to Thursday’s unemployment numbers, dropping to 1.6 per cent. Australia’s unemployment rate rose to 7.1 per cent, resulting in more than 227,000 jobs lost in that month. The Australian Dollar lost 0.4 per cent in value, now trading at about 68.49 US cents. Via news.com.au — Australia’s leading news site https://www.news.com.au

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Millions of people in western Canada and the northwestern United States were under heat alerts Wednesday as the region baked in record-breaking temperatures and police reported scores of deaths likely linked to the scorching conditions. Via news.com.au — Australia’s leading news site https://www.news.com.au