MNI: US HOUSE FINANCIAL SERVICES ANNOUNCES HEARING ON SVB, SIG

MNI BRIEF: Canada Feb Teranet Home Price Index Record -11% YOY

MNI China Daily Summary: Friday, March 17

MNI DATA FORECASTS: Fed, BOE To Lead

Fed Watch

MNI: US FEB INDUSTRIAL PROD +0.0%; CAP UTIL 78.0%

MNI BRIEF: Fed, Treasury, FDIC-Big Banks Back First Republic

MNI BRIEF: Trudeau Justified Using Emergency Act, Judge Finds

MNI: Canada Boosting Health Spending CAD46.2B Over 10 Years

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI: US HOUSE FINANCIAL SERVICES ANNOUNCES HEARING ON SVB, SIG

USDCAD TECHS

Pullback Considered Corrective

AUDUSD TECHS

Corrective Cycle

EURJPY TECHS

Corrective Bounce

US

US Voters Support Bank Rescue Measures But Consider It A "Bailout"

USDJPY TECHS

Short-Term Trend Needle Points South

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Trending Top 5
Market News Topics

NAB: Labour Market Data Won’t Shift RBA Assessment

AUSTRALIA
HomepageBulletMarketsFixed Income NewsForeign Exchange News

NAB note that “while today’s data in isolation is not strong, it hasn’t shifted the broader picture of a tight labour market that was evident through H2 2022. The RBA December minutes noted that wages growth was continuing to pick up and that the risk to wages growth was to the upside due to the tight labour market and high inflation. It is worth noting that both the strong November employment update and today’s data have been released since the RBA’s December decision and with the unemployment rate remaining near 48-year lows that assessment will remain intact.”

97 words

To read the full story

Why Subscribe to

MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

NAB note that “while today’s data in isolation is not strong, it hasn’t shifted the broader picture of a tight labour market that was evident through H2 2022. The RBA December minutes noted that wages growth was continuing to pick up and that the risk to wages growth was to the upside due to the tight labour market and high inflation. It is worth noting that both the strong November employment update and today’s data have been released since the RBA’s December decision and with the unemployment rate remaining near 48-year lows that assessment will remain intact.”