The AUDUSD has eased to 0.7777 from.......>

AUSTRALIA: The AUDUSD has eased to 0.7777 from ~0.7800 in the wake of the soft

Australian labour market report, whereby the headline & the participation rate

missed expectations, with the modest rise in the number employed attributable to

part time jobs growth, as the number of full time workers fell. The prior

headline figure was revised lower, to -6.3K from +17.5K.

- Aussie Bonds have moved higher in the wake of the release, with the 3-Year

future last trading around 3 ticks better than pre-release levels at 97.735,

while the 10-Year Bond future has added 2.5 ticks to 97.215.

- The Bill strip has also moved higher with the white & red contracts unchanged

to a tick lower.