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*** A strong Aussie labour market.........>

AUSTRALIA: *** A strong Aussie labour market report here, with the big headline
beat driven by full time jobs and a tick up in the participation rate observed,
while the unemployment rate holds steady.
- Red Bill contracts feeling the pressure trading 3-4 ticks lower as Aussie
Bonds drag Tsys to session lows.
- AUD also jumps with AUD/USD printing a high of $0.7441, last $0.7435. Initial
resistance comes in the form of the July 16 high ($0.7442), followed by hourly
support from July 10 ($0.7459).
- AUD/NZD registers a high of NZ$1.0939, breaching the low from July 16
(NZ$1.0935) with eyes on the July 16 high (NZ$1.0974).
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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