Coming up at 0030GMT, September labour marker report from Australia 

  • Employment Change: expected +15.0K, prior +44.0K
  • Unemployment Rate: expected 5.3%, prior 5.3%
  • Full Time Employment Change, prior was +33.7K
  • Part Time Employment Change, prior was +10.2K
  • Participation Rate, expected is 65.7%, prior 65.7%

Earlier preview here, via ANZ:

This quickie now from RBC:

  • After an interruption through late 2017/early 2018, the unemployment rate has resumed its gradual downtrend, reaching 5.3% in August, which is a low back to late 2012. We expect a gradual drift lower, reaching 5.1% by the end of 2019. 
  • For the September survey, we see job gains easing back slightly to +20k after a very strong +44k in August. We expect the unemployment and participation rates to both remain steady at 5.3% and 65.7%, respectively.



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