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 67% against a forecast of 67.1%.
Recent economic data has been strongly bullish for AUD. Other recent announcements which may affect the market's interpretation of the next Participation Rate result:
Previous | Latest | ||||
---|---|---|---|---|---|
Private Capital Expenditure | Bullish change | -0.2% | 0.2% | ||
Consumer Inflation Expectations | Bearish change | 4.7% | 3.9% | ||
S&P Global Composite PMI | Bullish change | 53.8 | 54.9 | ||
S&P Global Manufacturing PMI | Bullish change | 51.3 | 52.9 | ||
S&P Global Services PMI | Bullish change | 54.1 | 55.1 | ||
Westpac Consumer Confidence | Bullish change | 0.6% | 5.7% |
Country: | Australia |
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Currency: | AUD |
Source: | Australian Bureau of Statistics |
Category: | Labor Market |
Frequency: | Monthly |