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Australia's Unemployment Rate Rises Slightly to 4.1% Despite Strong Job Creation
The slight increase on May's 4% is considered by most economists to be insufficient to stay the Reserve Bank of Australia's (RBA) hand when it makes its next call on rates.
CHF: It Is Unclear When SNB Plans to React – Commerzbank
The Swiss Franc (CHF) benefited significantly on Wednesday both against the US Dollar (USD) and the Euro (EUR), Commerzbank FX analysts Ulrich Leuchtmann and Michael Pfister note.
Australia's Unemployment Rate Rises to 4.1% in June
Australia recorded a slight rise in unemployment in June despite high level of job vacancies, the nation's statistics agency reported Thursday.
Switzerland Books Highest Quarterly Trade Surplus in Q2
Switzerland recorded its highest quarterly trade surplus of 12.45 billion francs in the second quarter of 2024, after 9.38 billion francs in the previous three months, the Federal Office for Customs and Border Security said Thursday.
RBA Rates Decision 'a Closer Call' After Jobs Data -- Market Talk
0336 GMT - The case for the RBA to keep interest rates unchanged, rather than hike, is currently stronger but it has likely become a closer call following today's jobs data for June, says Nomura.
Australian Job Growth Beats Estimate, Fueling Rate-Hike Bets
Australia added more than twice the number of jobs economists expected in June, highlighting the resilience of the country’s labor market to elevated interest rates.