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Reuters reported that Australian shares suffer biggest fall in 8 days as miners are hit hard by the sinking prices of iron ore on a surprisingly strong jobs data.

Reuters reported that Australian shares suffer biggest fall in 8 days as miners are hit hard by the sinking prices of iron ore on a surprisingly strong jobs data.

As quoted in the market news:

The market accelerated its fall right after Australia’s statistics office published the jobs data at 0030GMT, showing employment soared by 71,500 in February, a wholly unforeseen jump above any forecast and the biggest increase in over a decade.

Click here to read the full Reuters report.

MARKETS

Markets
TSX20179.81+187.93
TSXV680.49+7.47
DOW33761.05+424.38
S&P 5004280.15+72.88
NASD13047.19+267.27
ASX7032.50-38.50

COMMODITIES

Commodities
Gold1801.89+0.36
Silver20.82+0.02
Copper3.68-0.03
Palladium2224.19+14.20
Platinum965.47+2.48
Oil91.88-2.46
Heating Oil3.51+0.03
Natural Gas8.78-0.09

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