Coming up from Australia today

0000GMT - ANZ Consumer Inflation expectation for November, prior was 3.5%

0030GMT - and the focus for the dat from Australia today, October employment report

Employment Change:

  • expected +15K, prior -5.1K

Unemployment Rate:

  • expected 6.2%, prior 6.2%

Full Time Employment Change

  • prior was -13.9K

Part Time Employment Change

  • prior was +8.9K

Participation Rate

  • expected is 64.9%, prior was 64.9%

Last month's fall in the headline was a miss on expectations and the market is looking for some claw back this month with a big rise of 15K the expected. Domestic economy signs have been on the improve, so a disappointment will weigh on the AUD along with Fed December hike expectations.

I'll have more on order levels coming up soon