9 Jan 2015
Key Aussie employment data coming up - TDS
FXStreet (Guatemala) - Analysts at TD Securities noted the next Aussie Employment arrives on Thursday 15th January.
Key Quotes:
"We look for flat job growth in December, with the risks skewed firmly to the downside after the big +43K gain in Nov".
"That should see the unemployment rate ticking a tenth higher to 6.4%, but the RBA won’t be fazed by a u-rate around 6.5%, and we need to see a persistent jump higher to warrant an easing bias".
Key Quotes:
"We look for flat job growth in December, with the risks skewed firmly to the downside after the big +43K gain in Nov".
"That should see the unemployment rate ticking a tenth higher to 6.4%, but the RBA won’t be fazed by a u-rate around 6.5%, and we need to see a persistent jump higher to warrant an easing bias".