Kanika Marwaha
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Kanika Marwaha in Market and Economic Perspective,

Investors' Eye

As the US markets open post holiday after a remarkable close last week, there are a few newsworthy items investors should keep their eyes on:

  • Travel giant Expedia agrees to purchase Wotif.com for $658 million to strengthen its hold on the Asia-Pacific travel market. 
  • The IMF states that public aid should be ramped up in certain economies to bolster national growth. Her exact words: "In the current context of a weak growth outlook and low borrowing costs, a judicious stimulation of public investment can give growth the necessary impetus, above all in advanced economies," Ms. Lagarde said at the Rencontres Economiques conference in the south France.
  • Switzerland and China sign a free trade agreement to strengthen ties with the world's second largest economy.
  • AUD Job Advertisements and Construction Index strongly beat estimates.
For full news updates and economic/market performance, visit: http://whotrades.com/markets