Australian Unemployment Rate (Jan) 4.1% vs. Exp. 4.2% (Prev. 4.1%)

The Australian unemployment rate came in at 4.1%, better than the expected 4.2% and unchanged from the previous month.

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US gathers the greatest amount of air power in the Middle East since the 2003 Iraq invasion and President Trump is being briefed on military options for striking Iran, even as aides hold talks with the Iranian regime, according to WSJ

Israeli Defense Forces announced they struck Hezbollah infrastructure sites in southern Lebanon, according to Sky News Arabia

Australian Unemployment Rate (Jan) 4.1% vs. Exp. 4.2% (Prev. 4.1%)

Iraqi Foreign Minister says any alternative to US-Iran deal would be disastrous, and they may not be able to export their oil if war breaks out in the region

US President Trump is scheduled to deliver remarks on the economy at 16:00EST/21:00GMT on Thursday.

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This positive surprise may influence the RBA's stance on monetary policy, suggesting a stronger labor market that could support growth and possibly limit rate cuts. Traders may look for implications on the AUD, particularly against major currencies, as this data is digested during the Asian session.

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