The labour market report from Australia just out showed incredible jobs growth:
- Australian jobs report for August: Employment +111K (vs. expected -35K) Unemployment 6.8% (vs. 7.7%)
AUD has jumped by 35 or so points. There are already questions being asked about the veracity of the results of this survey for August. The currency is asking the question too (that is, I'm surprised its not up more on such a stunning beat).