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Economic calendar in Asia: Australian CPI data will be eyed by the RBA (meeting next week)

Last week we had the latest data on the Australian employment market, continuing very strong indeed:Australia (June ) Jobs +32.6K (vs. +15K expected) & Unemployment rate 3.5% (vs. 3.6% exp)Inflation in Australia is way above the Reserve Bank of Australia's target range b,t the Bank has paused (at least) in its rate hike cycle as it awaits more data input on the economy and signs that the rate hikes so far are impacting and will continue to do so. If the CPI data surprises to the topside today, t... Read More

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Posted: Jul 25 2023, 20:17

Author Name: forexlive

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