The typical/expected impact on AUD pairs is medium.
The consensus forecast for Participation Rate is 66.8%. 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 Participation Rate was 66.7% against a forecast of 66.8%.
Recent economic data has been moderately bullish for AUD. Other recent announcements which may affect the market's interpretation of the next Participation Rate result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| National Australia Bank's Business Confidence (QoQ) | Bullish change | 2 | 3 | ||
| Wage Price Index (QoQ) | (no change) | 0.8% | 0.8% | ||
| Consumer Inflation Expectations | Bullish change | 4.6% | 5% | ||
| Westpac Consumer Confidence | Bearish change | -1.7% | -2.6% | ||
| Exports (MoM) | Bullish change | -4% | 1% | ||
| Imports (MoM) | Bearish change | -0.2% | -0.8% | ||
| Trade Balance (MoM) | Bullish change | 2597M | 3373M |
| Country: | Australia |
|---|---|
| Currency: | AUD |
| Source: | Australian Bureau of Statistics |
| Category: | Labor Market |
| Frequency: | Monthly |