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Biden May Be Consumed by Bumpy Recovery: Daily

JGB TECHS

(M1) Bullish Focus

AUSSIE 10-YEAR TECHS

(M1) New Multi-Month Highs

AUSSIE 3-YEAR TECHS

(M1) Directional Triggers Intact

AUSTRALIA

The Australian Bureau of Statistics released their Weekly Payroll Jobs and Wages for the week ending July 25. The ABS notes:

  • "Payroll jobs remained 4.5 per cent below mid-March, when Australia recorded its 100th confirmed COVID-19 case."
  • "Payroll jobs fell by 1.5 per cent in Victoria through July ahead of the introduction of Stage 4 COVID-19 restrictions in the state, with total job losses of 6.7 per cent from mid-March."
  • "Around 40 per cent of jobs lost in Victoria by mid-April had been regained by 25 June, but by the end of July this had reduced to 24 per cent."
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