Asian Currencies Trade Flat as Dollar Weakens in Thin New Year Trading 
U.S. Stocks Slip as Gold Rebounds Ahead of Year-End, Markets Eye 2026 Outlook 
Oil Prices Slide in 2025 as Oversupply and Geopolitical Risks Shape Market Outlook 
Oil Prices Stabilize at Start of 2026 as OPEC+ Policy and Geopolitical Risks Shape Market Outlook 
U.S. Dollar Steadies Ahead of Fed Minutes as Markets Eye Policy Divisions 
Asian Markets End Year on AI Optimism as Precious Metals and Currencies Shine 
Asian Markets Slip as Precious Metals Cool, Geopolitical Tensions Weigh on Sentiment 
U.S. Stock Futures Slip as Year-End Trading Turns Cautious 
South Korea Inflation Rises to 2.3% in December, Matching Market Expectations 
Singapore GDP Growth Surges in 2025 but Outlook Remains Cautious Amid Global Trade Risks 
USDA $12 Billion Farm Aid Program Draws Mixed Reactions from Row Crop Farmers 
U.S. Dollar Slides Toward Biggest Annual Loss Since 2017 as 2026 Risks Loom 
South Korean Won Slides Despite Government Efforts to Stabilize Currency Markets 
Asia Manufacturing PMI Rebounds as Exports and Tech Demand Drive Growth into 2026 
U.S. Dollar Starts 2026 Weak as Yen, Euro and Sterling Hold Firm Amid Rate Cut Expectations 
South Korea Factory Output Misses Forecasts in November Amid Ongoing Economic Uncertainty 
South Korea Factory Activity Returns to Growth in December on Export Rebound 
In October 2024, Australia saw a small increase in jobs, adding 15,900 new positions. This brought the total number of people working to about 14.54 million. However, this growth is much slower than in previous months; for example, September gained 61,300 jobs, and August added 45,800 jobs.
The unemployment rate in Australia stayed at 4.1%, the same as in earlier months. However, the participation rate, which measures how many people are either working or looking for work, went down slightly from 67.2% to 67.1%. This suggests that while some more people found jobs, the number of people entering the job market didn't keep up.
Economists have noticed this slowing job growth and are concerned. The Reserve Bank of Australia (RBA) predicts that the unemployment rate might rise to 4.3% by the end of the year due to this trend. Additionally, there was a drop in wage growth, which fell to an annual rate of 3.5% in the September quarter, down from 4.1% earlier in the year.
Overall, while there are more people employed, the rate of job growth is slowing, indicating potential difficulties ahead for Australia’s job market as it adapts to changes in the economy.
Major levels to watch
Resistance- 0.6525
Support-0.64630
