8 May 2014
Australian data coming up - Rabobank
FXStreet (Guatemala) - Analysts at Rabobank noted the forthcoming data for the AUD.
Key Quotes:
“Today we start with Aussie employment data. The market is looking for a 8.8K rise in jobs and a 5.9% unemployment rate, but after the extreme volatility we have seen in the last two reports this is more of a dart-throw than usual”.
“At some point today China is expected to release trade data, where the consensus is for a 3.0% YoY drop in exports and a 2.1% YoY fall in imports: of course there is volatility in that data of late, but it’s hardly encouraging for the near-term growth outlook”.
Key Quotes:
“Today we start with Aussie employment data. The market is looking for a 8.8K rise in jobs and a 5.9% unemployment rate, but after the extreme volatility we have seen in the last two reports this is more of a dart-throw than usual”.
“At some point today China is expected to release trade data, where the consensus is for a 3.0% YoY drop in exports and a 2.1% YoY fall in imports: of course there is volatility in that data of late, but it’s hardly encouraging for the near-term growth outlook”.