News
Australian employment unexpectedly falls in September
Australian employment unexpectedly falls in September
Australia data
| Release | Actual | Fcst | Prior | |
|---|---|---|---|---|
| Employment | fell | rise | - | |
| Unemp rate | 4.7% | - | 4.7% |
above fcst below in line
Market reaction price up price down
FX
- AUD underperformed as RBA hike odds were scaled back
Assets: AUD/USD, Australian 3Y yields
FO view: A softening labour market gives the RBA room to pause, diverging from the Fed debate.
Not investment advice.
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