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Australian ANZ-Indeed Job Advertisements MoM (Dec) M/M -0.5% vs. Exp. 0.5% (Prev. -0.8%)

Newsquawk Staff ·

Australian ANZ-Indeed Job Advertisements MoM (Dec) M/M -0.5% vs. Exp. 0.5% (Prev. -0.8%)

What it means

The Australian ANZ-Indeed Job Advertisements MoM for December fell by 0.5%, missing expectations of a 0.5% gain and indicating a slight improvement from the previous decline of 0.8%. This negative print suggests a weakening labor market trend, which could impact the Reserve Bank of Australia's outlook on monetary policy, potentially leading to more dovish stances.

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