The typical/expected impact on AUD pairs is high.
The consensus forecast for Employment Change s.a. is 20K. 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 14.9K against a forecast of 17K.
Recent economic data has been strongly bullish 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 | Bullish change | -3.5% | 12.8% | ||
| Exports (MoM) | Bullish change | -8.7% | 7.9% | ||
| Imports (MoM) | Bearish change | 3.3% | 1.1% | ||
| Trade Balance (MoM) | Bullish change | 1111M | 3938M | ||
| AiG Industry Index | Bullish change | -16 | -11.2 | ||
| RBA Interest Rate Decision | (no change) | 3.6% | 3.6% | ||
| Building Permits (MoM) | Bullish change | -6% | 12% | ||
| Producer Price Index (YoY) | Bullish change | 3.4% | 3.5% |
| Country: | Australia |
|---|---|
| Currency: | AUD |
| Source: | Australian Bureau of Statistics |
| Category: | Labor Market |
| Frequency: | Monthly |