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 0

September 25, 2020 00:17:53
Episode Cover

Never Mind The Credit Quality: Feel The Width! [Podcast]

We discuss today's changes to responsible lending. More unnatural acts..

Listen

Episode

June 08, 2025 00:12:45
Episode Cover

Property Lies, Distortions And Social Consequences…

If you look at the data on property, and specifically mortgage lending, there is something lurking in the woodshed. It is simply this. Mainstream...

Listen

Episode 0

December 29, 2022 00:07:19
Episode Cover

Falling Into The Close Of The Year! [Podcast]

More weakness in markets as we close the year. The realisation of higher rates and recession risk hitting earnings is hitting home as big-tech...

Listen