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Wages Close To Expected, Little Market Impact

AUSTRALIA DATA

Australian wages data was close to expectations, +0.9% q/q, which was in line with estimates, while the y/y was +4.2% (versus +4.1% forecast). More details to follow.

  • The AUD reaction has been muted, last in the 0.6550/55, little changed post the data. Likewise there has been no reaction in the bonds/rate space.

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