Lower numbers than forecast tend to be bullish for xxx/AUD pairs and bearish for AUD/xxx pairs.
The most recent announced value for Employment Change s.a. was 24.5K against a forecast of 25K.
Recent economic data has been moderately bullish for AUD. Other recent announcements which may affect the market's interpretation of the next Employment Change s.a. result:
Previous | Latest | ||||
---|---|---|---|---|---|
Consumer Inflation Expectations | Bearish change | 4.7% | 3.9% | ||
S&P Global Composite PMI | Bullish change | 53.8 | 54.9 | ||
S&P Global Manufacturing PMI | Bullish change | 51.3 | 52.9 | ||
S&P Global Services PMI | Bullish change | 54.1 | 55.1 | ||
Westpac Consumer Confidence | Bullish change | 0.6% | 5.7% | ||
Full-Time Employment | Bullish change | 36.7K | 60.5K | ||
Participation Rate | (no change) | 67% | 67% | ||
Part-Time Employment | Bearish change | 37.6K | -35.9K | ||
Unemployment Rate s.a. | Bullish change | 4.3% | 4.2% | ||
Wage Price Index (QoQ) | Bearish change | 0.9% | 0.8% | ||
RBA Interest Rate Decision | Bearish change | 3.85% | 3.6% |
Country: | Australia |
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Currency: | AUD |
Source: | Australian Bureau of Statistics |
Category: | Labor Market |
Frequency: | Monthly |