The typical/expected impact on AUD pairs is high.
The consensus forecast for Employment Change s.a. is 40K. 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 -52.8K against a forecast of 30K.
Recent economic data has been broadly neutral for AUD. Other recent announcements which may affect the market's interpretation of the next Employment Change s.a. result:
Previous | Latest | ||||
---|---|---|---|---|---|
Westpac Consumer Confidence | Bearish change | 4% | -6% | ||
Exports (MoM) | Bearish change | 0.8% | -3.6% | ||
Imports (MoM) | Bullish change | -4% | 1.6% | ||
Trade Balance (MoM) | Bearish change | 5156M | 2968M | ||
Judo Bank Composite PMI | Bullish change | 51.3 | 51.6 | ||
Judo Bank Services PMI | Bullish change | 51.2 | 51.6 |
Country: | Australia |
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Currency: | AUD |
Source: | Australian Bureau of Statistics |
Category: | Labor Market |
Frequency: | Monthly |