The typical/expected impact on AUD pairs is high.
The consensus forecast for Employment Change s.a. is 25K. 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 -18.6K against a forecast of 17.5K.
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 | ||||
|---|---|---|---|---|---|
| S&P Global Composite PMI | Bullish change | 48.7 | 49.8 | ||
| S&P Global Manufacturing PMI | Bullish change | 50.7 | 51.2 | ||
| S&P Global Services PMI | Bullish change | 48.7 | 49.9 | ||
| RBA Interest Rate Decision | (no change) | 4.35% | 4.35% | ||
| Consumer Inflation Expectations | Bearish change | 5.6% | 5.5% |
| Country: | Australia |
|---|---|
| Currency: | AUD |
| Source: | Australian Bureau of Statistics |
| Category: | Labor Market |
| Frequency: | Monthly |