- Australia: Any upside surprise on wage data to offer some support to AUD – ING
Notícias do Mercado
16 maio 2023
Australia: Any upside surprise on wage data to offer some support to AUD – ING
Economists at ING are keeping a close eye on AUD this week. The Aussie could rise if wage data surprise to the upside.
Markets are not expecting any more hikes
“The Reserve Bank of Australia (RBA) minutes opened the door to more tightening if necessary, and tomorrow we’ll see the first quarter wage price index in Australia, which is expected to rise from 3.3% to 3.6% YoY. Any upside surprise may prompt some bets on further tightening by the RBA, and offer some support to AUD: at the moment, markets are not expecting any more hikes.”
“On Thursday, April employment figures will also be released and could confirm a still very tight jobs market.”
O foco de mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerAbrir Conta Demo e Página Pessoal