Australian ANZ-Indeed Job Ads MoM (Apr) M/M -0.8% (Prev. -3.1%)
The decline in Australian ANZ-Indeed Job Ads by 0.8% month-over-month in April, less severe than the prior 3.1% drop, suggests a potential stabilization in job demand.
[MARKET ANALYSIS] Choppy trade in the JPY whilst AUD awaits tomorrow’s RBA
[MARKET ANALYSIS] APAC mostly firmer; Japan and Mainland China away on holiday
Australian ANZ-Indeed Job Ads MoM (Apr) M/M -0.8% (Prev. -3.1%)
Japanese PM Takaichi is to meet with Australian PM Albanese to discuss energy and rare earths
[MARKET UPDATE] Volatility seen in JPY, with USD/JPY instantly dipping from 156.95 to 156.59 before recoiling back to 156.87
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However, the negative print indicates underlying weakness, which may raise questions about the labor market's resilience and have implications for future economic growth and policy decisions.
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