The Australian greenback has jumped alongside the massive surge in full time employment information
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The Australian jobs information is right here:
- Australia July 2025 Unemployment price four.2% (vs. four.2% anticipated)
- +24.5K jobs added
- +60.5K full time jobs added
- -36Okay half time jobs
The strong employment report follows yesterday’s resilient wages information:
- Australian information – Q2 2025 Wage Worth Index zero.eight% q/q (anticipated zero.eight%)
Add the 2 collectively and you have a case for slower Reserve Financial institution of Australia price cuts forward. RBA price cuts to this point have been finely balanced affairs, and indications from the Financial institution have been they will not be fast so as to add additional price cuts. The information suppots Reserve Financial institution of Australia assessments.
This text was written by Aaron Cutchburt at investinglive.com.
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