"A big miss for non-farm payrolls was another case of 'bad news is good news' for US equities on Friday. The 266k addition would in normal times be extremely impressive but it shocked the market that was expecting nearly four times that number," analysts from Australian bank ANZ wrote in a morning note.
Investors will be watching for a number of data releases from Australia on Monday, including retail sales for March and the first quarter, as well as the NAB business confidence survey.
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