The typical/expected impact on AUD pairs is high.
The consensus forecast for Employment Change s.a. is 22K. A higher value than forecast tends to be bullish for AUD/xxx pairs and bearish for xxx/AUD pairs.
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 | Bullish change | 3.9% | 4.7% | ||
Westpac Consumer Confidence | Bearish change | 5.7% | -3.1% | ||
Exports (MoM) | Bearish change | 6.3% | 3.3% | ||
Imports (MoM) | Bullish change | -1.5% | -1.3% | ||
Trade Balance (MoM) | Bullish change | 5366M | 7310M |
Country: | Australia |
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Currency: | AUD |
Source: | Australian Bureau of Statistics |
Category: | Labor Market |
Frequency: | Monthly |