Australia's December employment data has just been released, and the results are quite interesting. The number of new jobs reached 652,000, directly surpassing the market expectation of 270,000. This is not a slight beat; it's a doubling.
Compared to the previous month's decline of 213,000, this contrast is even more pronounced—shifting from unemployment to a significant increase, which is a bit abrupt. Such macroeconomic data fluctuations often influence monetary policy expectations and can sway the overall market sentiment. Especially for traders who focus on the global economic cycle, this strong employment data could change their outlook on interest rate trends.
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LiquidatedTwice
· 10h ago
Australia's data is really impressive, with a direct doubling expectation of 652,000... RBA must be getting restless now, right?
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governance_lurker
· 10h ago
Why are Australia's employment data so volatile, with the previous month showing losses and this month doubling? Something doesn't seem right. We need to stay close to this market trend.
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0xSunnyDay
· 10h ago
Australia's employment data is incredible, with 650,000 jobs directly doubling expectations. The market is about to go crazy.
Australia's December employment data has just been released, and the results are quite interesting. The number of new jobs reached 652,000, directly surpassing the market expectation of 270,000. This is not a slight beat; it's a doubling.
Compared to the previous month's decline of 213,000, this contrast is even more pronounced—shifting from unemployment to a significant increase, which is a bit abrupt. Such macroeconomic data fluctuations often influence monetary policy expectations and can sway the overall market sentiment. Especially for traders who focus on the global economic cycle, this strong employment data could change their outlook on interest rate trends.