I did a preview of the employment report due from the Australian Bureau of Statistics (0130GMT on 16 April 2015).
Link is here.
The employment report is a volatile data set at the best of times, but it recently went to extremes, swinging wildly month-to-month as the methodology came under scrutiny. There could well be another surprise from the data today as changes in methodology feed through.
These are the consensus forecasts (via Bloomberg):
March Employment Change: expected +15.0K, prior +15.6K
Unemployment Rate: expected 6.3%, prior 6.3%
Full Time Employment Change, prior was +10.3K
Part Time Employment Change, prior was +5.3K
Participation Rate, expected is 64.6%, prior was 64.6% ( see my earlier preview for more on this, at the link above)
In addition to the employment report, though, we get:
0100GMT - Consumer inflation expectations for April,prior was 3.2%
0130GMT - March New Motor Vehicle Sales, for the m/m prior was +2.9%, for the y/y prior was +4.1%
0130GMT - RBA transactions data for March (was there any RBA intervention in March? .... spoiler alert .... No.)
