90 seconds @ 9am : Aussies to buy F&P Finance

Fisher&Paykel Finance is about to be sold to Australia’s FlexiGroup.

Also, the American economy expanded more than previously estimated in the second quarter at an impressive +3.9% pa rate on stronger consumer spending and construction. This bolsters the case for an interest rate rise before the end of the year. But all eyes will be on the September non-farm payrolls report which will be out this coming Saturday. The market is picking another strong +200,000 jobs gain.

Read the full story here : http://www.interest.co.nz/news/77819/us-growth-surges-39-q2-norway-and-taiwan-cut-rates-fp-finance-be-sold-sumatra-fires-ust