ANZ-Indeed Australian Job Ads up 0.3% m/m in October 2024
prior revised from +1.6% to +2.3%
This indicator showing a still steady to strong labour market (like official figures do.
Earlier we had a rising inflation indicator:
Australian October Melbourne Institute Inflation Gauge +0.3% m/m (prior +0.1%)
The Reserve Bank of Australia is meeting today and tomorrow. No change is expected:
The RBA meeting next week marks a year of unchanged cash rate at 4.35% – no cut until 2025Its unanimous, Reserve Bank of Australia to hold cash rate at 4.35% at next week’s meeting
This article was written by Eamonn Sheridan at www.forexlive.com.
