Australia jobs surge in June, unemployment steady as more look for work
MSN·- Australian employment significantly increased in June, with the jobless rate remaining stable as more individuals sought work. - This positive data suggests economic resilience and supports the argument for another interest rate hike to control inflation. - Following the announcement, the Australian dollar rose by 0.3% to $0.7020, while three-year government bond futures decreased by 5 ticks to 95.4, indicating market responses.Australia Apr Trade Surplus AUD1.791B Beats Forecast; AUD Slips Slightly
AASTOCKS News·- The Australian Bureau of Statistics reported a 7.2% increase in goods exports for April, reaching A$ 47.191 billion, while imports rose by 0.8% to A$ 45.4 billion. - The trade surplus was A$ 1.791 billion, exceeding market expectations of A$ 1.6 billion, with a prior deficit revised to A$ 1.024 billion. - During the Asian trading session, the Australian dollar fell by 0.1%, with an exchange rate of 0.7125 against the US dollar.Australian Dollar Set for Monthly Loss
Trading Economics·AUDUSD and NZDUSD as risk-on flows from MOU between US and Iran
Investinglive·- The AUDUSD and NZDUSD are leading the decline in the US dollar as improving risk sentiment impacts the greenback. - Crude oil prices have dropped following reports of a potential cease-fire between the U.S. and Iran, while U.S. equity markets have reacted positively, with the NASDAQ and Russell 2000 both gaining. - The AUDUSD is trading above key moving averages, aiming for higher resistance, while the NZDUSD has rebounded after testing support, with ongoing uncertainty about sustaining recent gains.Economic and event calendar in Asia 27 May 2026 - BoJ, Fed, Aussie CPI, RBNZ rate decision
Investinglive·- The Japanese Bank, led by Governor Ueda, aims to continue raising policy rates while monitoring economic conditions and inflation. - Minneapolis Fed President Kashkari mentioned that ongoing inflationary pressures from Middle Eastern instability might drive the Fed to increase rates further. - The New Zealand Reserve Bank is expected to maintain its cash rate at 2.25% but anticipates future increases due to worsening inflation, with predictions now suggesting rates could reach 2.75% by year-end.