Monday, 26 August 2019
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Aussie jobs data is in: In-line Unemployment Rate and no major changes keeps AUD/USD bid
Thursday, 18 April 2019 09:31 WIB | ECONOMY |UnemploymentEkonomi Australia

The Aussie jobs data has arrived and it has helped the Aussie higher on inline Unemployment Rate and no major changes - Full Time Employment Change was also a big beat.

Fulltime Employment (Mar)  48.3K vs  prior - 7.3k

Employment Change s.a. (Mar) 15k  vs exp 12.0k and prior 4.6 k (10.7k rev)

Part-Time Employment (Mar) - 22.6k  vs prior 11.95

Unemployment Rate s.a. (Mar) 5.0% vs exp 5.0% and prior 4.9% (Uptrend in the unemployment rate would open the door to a rate cut).

Participation Rate (Mar) 65.7% vs exp 65.6%  and prior 65.6%

More to come on revisions...

For reference (Bank Analysis and opinion prior to the data):

Analysts at Westpac explained that the RBA has made clear that an uptrend in the unemployment rate would open the door to a rate cut.

Source: FXtsreet

RELATED NEWS
German Companies Brace for Economic Recession as Orders Crumble...
Thursday, 22 August 2019 14:47 WIB

Shrinking order books and expectations for a decline in output signal companies in Europe™s largest economy are bracing for a possible recession. German manufacturing shrank for an eighth...

French Activity Picks Up as Manufacturing Returns to Growth...
Thursday, 22 August 2019 14:28 WIB

France™s private sector unexpectedly gained speed in August as solid performance in services was complemented by a return to growth in manufacturing. IHS Markit™s Purchasing Managers™ Inde...

Empire State, Philly Fed indexes hold steady in August...
Thursday, 15 August 2019 20:03 WIB

Two gauges of manufacturing sentiment held their own in August, according to data released Thursday. The Philadelphia Fed manufacturing index fell slightly to a reading of 16.8 in August from 21.8 in...

US: Retail Sales rose 0.7% in July vs. 0.3% expected, DXY advances to 98...
Thursday, 15 August 2019 19:48 WIB

Retail sales grew by more than expected in the US in July. US Dollar Index gains traction on the back of upbeat data. According to the data released by the US Census Bureau on Thursday, retail sales...

British retail sales in July climb 3.3%, topping forecasts...
Thursday, 15 August 2019 15:48 WIB

British retail sales in July grew 3.3% compared to a year ago, according to data released Thursday. Economists polled by FactSet expected a 2.6% rise. The Office for National Statistics said both valu...

LATEST NEWS
Hong Kong stocks finish week on positive note (Review)

Hong Kong shares ended the week with a healthy rise on Friday as investors look ahead to a key speech later in the day by Federal Reserve boss Jerome Powell hoping for hints at further interest rate cuts. The Hang Seng Index jumped 0.50 percent,...

Dow closes down more than 600 points after Trump orders U.S. companies to leave China

U.S. stocks ended the trading day sharply lower after President Trump escalated trade war rhetoric Friday, tweeting that he had "hereby ordered" U.S. companies "to immediately start looking for an alternative to China. The Dow Jones Industrial...

Oil prices slide 2.1% as US-China trade war escalates

Oil prices fell on Friday after China unveiled retaliatory tariffs against about $75 billion worth of U.S. goods, marking another escalation of a protracted trade dispute between the world™s two largest economies. Brent crude futures fell 50...

POPULAR NEWS
Gold Futures Post a Gain For a 4th Week in a Row
Saturday, 24 August 2019 01:21 WIB

Gold futures rallied Friday, with China™s plan for retaliatory tariffs on U.S. goods helping to boost investor interest in the haven metal. "Gold...

Gold Heads for Weekly Drop as Powell Speech Awaited
Friday, 23 August 2019 09:06 WIB

Gold is poised for the first weekly decline in a month as investors await a key address by Federal Reserve Chairman Jerome Powell at the annual...

Gold prices head lower, set to snap weekly streak of gains ahead of Powell speech
Friday, 23 August 2019 19:19 WIB

Gold futures on Friday headed modestly lower ahead of much-awaited speech from Federal Reserve Chairman Jerome Powell near Jackson Hole, Wyo., which...

Boeing Boosts Dow While Investors Await Powell
Friday, 23 August 2019 04:03 WIB

Investors are betting big on Boeing for now, and the Dow Jones Industrial Average was the beneficiary on Thursday. The Dow finished the day up...