US jobless claims fall, so did Aussie jobs
Friday 19th January 2024NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABUS bond yields continue to push higher as the expectation for delayed cuts mounts. The weekly jobless claims will help the Fed’s case here, with a surprise fall showing how tight the labour market still is. But these are volatile numbers, says NAB’s Gavin Friend, particularly over the holiday period. The same applies to the surprise drop in Australian employment numbers yesterday, although the trend is still showing a rise and there’s nothing to change the RBA’s path for now…
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