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The Australian dollar fell below $0.70, hitting a two-week low after higher unemployment and unexpected job cuts in September prompted traders to scale back bets on further rate hikes. The jobless rate came in at 4.7%, above the 4.6% forecast, while the previous month's reading was revised up from an initial 4.6%. The
Employment in Australia fell by 39,300 in September, the Australian Bureau of Statistics said. The decline eased pressure on the Reserve Bank of Australia to raise rates further in November.
CME FedWatch shows implied October 28 hike odds at 31.6%, up from 22.1% a day earlier MSCI Asia-Pacific shares outside Japan fall 1.2%, led by KOSPI's 5.6% plunge Australian dollar slips 0.2% after September employment falls by 39,300 jobs By Gregor Stuart Hunter SINGAPORE, Oct 15 (Reuters) — Markets started the day on
Australian employment fell in September.
Australia’s part-time employment decreased in September.
NAB September 2026 business survey: confidence fell 4 points to -13 for a third straight monthly decline. Confidence sat 18 points below the long-run average; 22 points lower than a year earlier. Business conditions held at -1; employment dropped 3 points to the lowest level in five years. Capacity utilization edged do
1934 ET - Asian currencies consolidate against the dollar in early trade, but may be aided by appetite for risk assets. "The S&P 500 rose to a fresh record high, supported by optimism around AI-related spending," CBA's Samara Hammoud says in a research report. The overnight rise in equities has boosted risk sentiment,
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI