Thursday 11/04/2012
Data for Australia this week showed that home loans fell at the biggest pace in since March 2011 while consumer confidence continued to decline in March. That continues this string of poor fundamentals from that economy and increases the pressure for the RBA to lower interest rates.
In the upcoming Thursday Asian morning session (or 9:30 PM on Wednesday NY time) we get latest reading on the labor market. The expectation is for a rebound in March with economy adding 6.4K jobs after having shed 15.4K jobs in February.today 12/04/2012
We awaite unemployment report
Release: Australia Employment Change (Mar)
Consensus Forecast: 6.4K
Previous: -15.4K
Date/Time: 04/11/12 9:30PM EDT (01:30 GMT, 04/12/12)
Will March Employment Data Be A Catalyst for AUD?
Data for Australia this week showed that home loans fell at the biggest pace in since March 2011 while consumer confidence continued to decline in March. That continues this string of poor fundamentals from that economy and increases the pressure for the RBA to lower interest rates.
In the upcoming Thursday Asian morning session (or 9:30 PM on Wednesday NY time) we get latest reading on the labor market. The expectation is for a rebound in March with economy adding 6.4K jobs after having shed 15.4K jobs in February.ok we have had a good unemployment figures coming in at
AUD Employment Change 44.0K 6.0K -15.4K
AUD Unemployment Rate 5.2% 5.3% 5.2%
up we go!!!
No comments:
Post a Comment