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10 Apr 2015
Aussie's big event coming up - TDS
FXStreet (Guatemala) - Analysts at TD Securities noted the big news for the Aussie next week.
Key Quotes:
"Aussie Employment (Thurs 16 Apr)"
"This past week’s RBA decision to keep rates on hold left fixed income markets reeling, so markets will be keeping a close eye on the employment report for any worrying trends in the unemployment rate, helping to cement a May rate cut instead."
"We remain cautious around expecting too much job growth, and look for a modest +15K for March, although admittedly recent job ads to suggest upside risks to our view. We also look for the unemployment rate to revert to the cyclical high of 6.4% as the participation rate picks up."
Key Quotes:
"Aussie Employment (Thurs 16 Apr)"
"This past week’s RBA decision to keep rates on hold left fixed income markets reeling, so markets will be keeping a close eye on the employment report for any worrying trends in the unemployment rate, helping to cement a May rate cut instead."
"We remain cautious around expecting too much job growth, and look for a modest +15K for March, although admittedly recent job ads to suggest upside risks to our view. We also look for the unemployment rate to revert to the cyclical high of 6.4% as the participation rate picks up."