Australian Part Time Employment Chg (Feb) 79.4K vs. Exp. 7K (Prev. -32.7K)
Newsquawk Staff ·
Australian Part Time Employment Chg (Feb) 79.4K vs. Exp. 7K (Prev. -32.7K)
What it means
The substantial increase in Australian part-time employment for February, coming in at 79.4K compared to a mere expectation of 7K (and a prior decline of -32.7K), suggests a robust recovery in the labor market. This strong print may bolster confidence in economic resilience and could lead to speculation about tighter monetary policy as the RBA assesses growth and inflation dynamics.
- US EQUITY OPEN: Indices rangebound ahead of FOMC and major earnings
- US Midterms (6 days out): Florida flips to a Republican early-vote lead and Kansas narrows further; Crystal Ball shifts House and Senate races towards Democrats
- [MARKET ANALYSIS] Antipodeans diverge as AUD saw strong CPI and NZD slumped on a surprise RBNZ hold, DXY awaits the Fed
- Notable FX Option Expiries for today's NY cut: 28th October 2026
- [MARKET ANALYSIS] DXY takes a breather after recent gains and heading into the FOMC, while NZD slumps on RBNZ's surprise pause
Related headlines
- Ukrainian President Zelensky says Ukraine will not attack Russian ships carrying diesel for the US7 hours ago
- US President Trump says there will be a meeting with Russian President Putin and Ukrainian President Zelensky set up soon, while Trump says there will be a meeting on disarmament during Asia trip10 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks are higher amid the ongoing tech rebound and record SK Hynix earnings, while participants await central bank decisions11 hours ago
- Australian Quarterly RBA Trimmed Mean CPI (Q3 QQ) 0.3% vs. Exp. 1% (Prev. 0.8%)14 hours ago
- Australian RBA Trimmed Mean CPI (Sep MM) 0.3% vs. Exp. 0.3% (Prev. 0.2%)14 hours ago
- Australian Quarterly RBA Trimmed Mean CPI (Q3 YY) 3.6% vs. Exp. 3.6% (Prev. 3.5%)14 hours ago
- Australian RBA Weighted Median CPI (Sep MM) 1.0% (Prev. 0.7%)14 hours ago
- Australian RBA Weighted Median CPI (Sep YY) 3.6% (Prev. 3.6%)14 hours ago
- Australian RBA Trimmed Mean CPI (Sep YY) 3.7% vs. Exp. 3.6% (Prev. 3.6%)14 hours ago
- PBoC is expected to set USD/CNY mid-point at 6.6734 (prev. 6.7171)14 hours ago
- RBA Governor Bullock says a key question is whether monetary policy tightening so far will be sufficient to return inflation to target within a reasonable timeframe, adds remain committed to the mandate of delivering price stability and full employment14 hours ago
- China (Sep) outstanding individual mortgage loans -4.1% Y/Y; outstanding property loans -5.2% Y/Y5 hours ago
- UK DMO says gross gilt issuance planned for 2026/27 is GBP 250.6bln (exp. 249.6bln, prev. 246.2bln in April remit)1 hour ago
- Al-Mayadeen correspondent in Iran says Iranian officials believe that Trump wants to bring the nuclear issue into the negotiations, which Iran rejects1 hour ago
- Senior US Treasury trade official Eric Ettorre will leave to join Netflix (NFLX), reports Axios1 hour ago