Australia employment unexpectedly slides
SYDNEY: Australian employment unexpectedly fell in September, data showed on Thursday, while the unemployment rate held at a five-year high, a soft result that had investors paring back wagers on another hike in interest rates. Markets now imply a nearly 90 p...
SYDNEY: Australian employment unexpectedly fell in September, data showed on Thursday, while the unemployment rate held at a five-year high, a soft result that had investors paring back wagers on another hike in interest rates. Markets now imply a nearly 90 percent chance the Reserve Bank of Australia will leave interest rates unchanged at 4.6 percent in November, up from 66 percent before the data, after delivering...