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8@eight: ASX set for gains; jobs data on tap – Sydney Morning Herald

What happened overnight and what is ahead for the Australian sharemarket.

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2. US coronavirus aid stalemate: Investors were seemingly not perturbed by the continuing stalemate in Washington over coronavirus aid.
US Treasury Secretary Steven Mnuchin said the White House and top Democrats in Congress may not reach a deal on coronavirus aid. Both US parties traded jabs on who was to blame for blocking relief to tens of millions of jobless Americans.
3. Jobs data on tap: Labour force figures for July will give another snapshot of the havoc wreaked by the coronavirus on th…

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