Australian Employment Change (Dec) 65.2K vs. Exp. 30K (Prev. -21.3K)
The Australian Employment Change for December came in significantly stronger than expected, with a print of 65.2K compared to the 30K forecast, reversing a previous decline of -21.3K.
Paramount Skydance (PKSY) is reportedly extending the January 21st deadline for shareholders of Warner Bros (WBD) to accept the offer, but is not raising the USD 30/shr price, NYT reports citing sources
US House GOP leaders are struggling to strike a deal with Republican hard-liners tonight that would allow the final government funding package to advance, Politico reports
Australian Employment Change (Dec) 65.2K vs. Exp. 30K (Prev. -21.3K)
The proposal by NATO's Rutte does not include the transfer of overall sovereignty, Axios reports citing sources; the plan includes the increase of security in Greenland and NATO activity in the Arctic
PBoC is expected to set USD/CNY mid-point at 6.9697 (prev. 7.0014)
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This substantial job gain suggests robust labor market conditions, which may bolster confidence in the Australian economy and prompt considerations for potential monetary policy adjustments from the RBA. Expect the AUD to react positively as this data signals improved economic momentum that could influence interest rate expectations.
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