Daily Alert: US shares dip and yields lower on mixed data and earnings reports
US personal income and expenditure data were stronger than expected on Friday.
US Treasury yields were firmer on Friday (yields lower) while US sharemarkets were also weaker on Friday.
Later in the week on Wednesday, we expect local Q2 labour data to show strong employment growth, and the unemployment rate fall to 4.4% from 4.7% in Q1.