I posted the Australian employment figures to twitter as soon as they came out … even though I didn’t believe them hahahaha
Awesome swings …
Remember I said this this morning:
- Take extra care, especially over the employment report. It is a volatile data series and surprise results (well away from consensus expectations listed in the preview) can see big currency moves …
LOL
Mine at volatile …
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- Australia data – Employment Change: +121,000 (expected +15.0K, prior -0.3K)
- Australia data – Unemployment Rate: 6.1% (expected 6.3%, prior 6.4%)
- Australia data – Full Time Employment Change, +14,300 (prior was +14.5K)
- Australia data – Part Time Employment Change, +106,700 (prior was -14.8K)
- Australia data – Participation Rate 65.2% (expected is 64.8%, prior was 64.8%)
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Just to add to the fun … did some of you see the major news wire that stuck the decimal point in the wrong spot …. reported +12,100 instead of 121,000. It happens.
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more to come
