Kyle Rodda

Australia’s labour market is expected to have cooled in December, according to economist forecasts. The economy is projected to have added 15,000 jobs in the month, lifting the unemployment rate to 4.0%. The lukewarm estimate follows a drop in the unemployment rate to 3.9% in November, owing to a combination of strong full time employment growth and a drop in the participation rate.

US Non-Farm Payrolls data for December revealed a stronger than expected labour market. Employment rose by 256,000 for the month, vastly outstripping the 164,000 forecast, with the increase enough to push the unemployment rate down to 4.1%. The figures stoked fears that the US economy may still be too hot and is potentially re-accelerating, placing upward pressure on inflation.

Discover how Australia's November CPI data could shape expectations for a February RBA rate cut. Key focus on trimmed mean inflation and its implications for monetary policy and AUD/USD trends.

Explore the December 2024 Non-Farm Payrolls report, revealing job growth, wage trends, and labor market resilience. Analyze its implications for Federal Reserve policies, inflation control, and financial markets.

Discover how the Federal Reserve's hawkish stance, revised SEP, and delayed inflation targets triggered market volatility, with stocks tumbling, bond yields surging, and a stronger US Dollar reshaping investor outlooks.

Markets expect a 25bp rate cut at the FOMC meeting on December 18, 2024, amid strong U.S. economic data. However, the outlook for 2025 remains uncertain as inflation and growth trends evolve.

US CPI data on December 11 will influence the Fed's December rate cut decision. Analysts predict a 2.7% CPI rise, with sticky inflation in services complicating the path to the 2% target. Market focus remains on core inflation and its impact on 2025 rate expectations.

The RBA is set to meet for the final time in 2024, with the central bank handing down its decision at 2:30PM on Tuesday the 10th of December.

November Non-Farm Payrolls may confirm a Fed rate cut, boosting equities, weakening the USD, and supporting gold. Key insights on jobs, wage growth, and USD/JPY impact.

An in-depth analysis of the AUD/USD downtrend ahead of Australia's September quarter GDP data release. Discover how weak household demand, elevated inflation, and global factors like the US-China trade dynamics are shaping the Australian Dollar's performance. Technical insights and market trends included.