All eyes are on China stock markets, which have just reopened after the long weekend.

I'll have more to come on the ANZ job ads data ... if anyone cares :-D

+1.0% m/m

  • prior -0.4%

+8.7% y/y

Comments from ANZ:

  • Point out that the new found strength in employment growth is concentrated in services industries

I hear Westpac are saying the same sort of thing. That services tend to be more labour intensive and hence the upturn in services is producing more jobs.

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Note - we get the official Australian employment data on Thursday of this week