- Analytics
- News and Tools
- Market News
- Aussie should benefit further if monthly inflation figures turn out higher than expected – Commerzbank
Aussie should benefit further if monthly inflation figures turn out higher than expected – Commerzbank
Economists at Commerzbank analyze AUD outlook following Australia’s labour market data.
Australian labor market more robust than expected
The Australian labor market figures have confirmed our assumption that the Australian data have recently not been as bad as it looked at first glance.
Another rate hike in November is now not all that unlikely, should the labor market remain tight and inflation continues to stay above target.
If the monthly inflation figures, which will be published at the end of September, also turn out higher than expected, the Aussie should therefore benefit further.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
