Australian ANZ-Indeed Job Ads MoM (Feb) M/M 3.2% (Prev. 4.4%)
The Australian ANZ-Indeed Job Ads MoM for February has come in at 3.2%, down from the previous 4.4%.
Goldman Sachs estimates an USD 18/bbl real-time risk premium in crude oil prices and sees impact moderates to + USD 4/bbl if only 50% of Strait of Hormuz flows are impacted for one month
PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Realtek Semiconductor (2379 TT) FY (TWD) net income fell 4% Y/Y to 14.8bln, sales rose 8% Y/Y to 122.7bln
Australian ANZ-Indeed Job Ads MoM (Feb) M/M 3.2% (Prev. 4.4%)
Taiwan is to hold an energy security meeting on Tuesday, according to Commercial Times
[MARKET UPDATE] Asia-Pac stocks are pressured with all focus on geopolitics after the US conducted strikes against Iran, which then retaliated against the US and allies in the Gulf
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This deceleration in job advertising could suggest softening labor demand, which may signal a potential slowdown in economic activity. Traders should consider the implications for the Reserve Bank of Australia's policy stance and its impact on the AUD going forward.
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