Commentary
Add as a preferred source on GoogleAustralia's employment data are out today. Recent employment gains have been far beyond what leading indicators and an economy still growing below potential would suggest. As such, a correction is expected in April's num…
Australia's employment data are out today. Recent employment gains have been far beyond what leading indicators and an economy still growing below potential would suggest.
As such, a correction is expected in April's numbers to the tune of -10k (consensus +4K) which would mean some downside for AUD after briefly breaking 0.8000 overnight.
A -10k outturn would likely result in a 0.1ppt increase in the unemployment rate to 6.2%.
Gold prices edged lower on Monday as stronger-than-expected U.S. nonfarm payrolls data dampened hopes for aggressive Federal Reserve rate cuts, bolstering the dollar. Spot gold slipped 0.1% to $2,686.32 an ounce, while F…
On-chain data shows BTC whales moved 10000 BTC from Crypto exchanges. This indicate accumulation of BTC by whales. Japanese public company Metaplanet buys another 1 billion yen worth of Bitcoin. According to Santiment, t…
Personal income increased by 0.2% month over month In August, which was less than the 0.4% market forecast and less than the 0.3% growth in July. For the third consecutive month, real personal disposable income increased…
