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From the flash CBA PMI surveys: "The......>

AUSTRALIA
AUSTRALIA: From the flash CBA PMI surveys: "The employment component of the PMI
remained just above the 50 mark. A softer pace of jobs growth will make it
harder for the RBA to achieve their goal of full employment. We expect another
25 basis point cash rate cut in February, with the risk lying towards further
policy easing."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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