Wanted A Reliable Jobs Data Compass!

March 21, 2024 00:08:59
Wanted A Reliable Jobs Data Compass!
Digital Finance Analytics (DFA) Blog
Wanted A Reliable Jobs Data Compass!

Mar 21 2024 | 00:08:59

/

Show Notes

Australian employment soared in February and the jobless rate declined, highlighting the ongoing resilience of the nation’s labor market to restrictive monetary policy according to the latest Numberwang from the ABS. As a result, the currency rose as much as 0.6% after the data while yields on the policy-sensitive three-year government bond climbed to 3.7%. Traders now see a 60% chance of a rate cut in August, down from 80% before the data. The strong jobs data contrasts with indicators ranging from business and consumer surveys to job vacancies and retail sales that suggest the economy is slowing. The RBA […]

Other Episodes

Episode

March 29, 2025 00:26:16
Episode Cover

Market Disorder Incoming As “Pax Americana” Unwinds…

It seems that markets are beginning to read the room, as the unwinding of the so-called rules based order – which really was based...

Listen

Episode

October 01, 2019 00:09:47
Episode Cover

Residential Construction Approvals Fall Some More! [Podcast]

We look at the latest from the ABS, on the day the RBA cut rates again. Share this:EmailPrintTwitterFacebookLinkedInReddit

Listen

Episode

January 23, 2024 01:31:10
Episode Cover

DFA Live Q&A HD Replay: The Property Ladder Conundrum With Veronica Morgan

This is an edited version of a live discussion as I discuss the thorny issue of getting on (and staying on) the property ladder...

Listen