Australian Wage Price Index QoQ (Q4) Q/Q 0.8% vs. Exp. 0.8% (Prev. 0.8%, Low. 0.7%, High. 0.8%)
The Australian Wage Price Index matched expectations at 0.8% for Q4, indicating stability in wage growth relative to previous quarters.
US State Department senior official said the US would resume nuclear tests to match 'opaque' Chinese activity and flagged new details about a 2020 test the US recently accused China of secretly conducting, according to SCMP
Tesla (TSLA) avoids suspension of California dealer and manufacturer licences for 30 days after taking corrective action
Australian Wage Price Index QoQ (Q4) Q/Q 0.8% vs. Exp. 0.8% (Prev. 0.8%, Low. 0.7%, High. 0.8%)
Australia sells AUD 1.2bln 4.25% October 2035 bonds, b/c 3.90, avg. yield 4.7439%
[MARKET UPDATE] Asia-Pac stocks begin positive in continued thin conditions as many regional bourses remain closed for Lunar New Year holidays
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This consistency suggests that the labor market remains tight, which could influence the Reserve Bank of Australia's policy stance moving forward, particularly regarding interest rates and inflationary pressures.
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