Key Insights on New Zealand GDP and Australian Jobs Report for March 21, 2024

Wednesday, 20 March 2024, 20:00
The upcoming Economic Calendar in Asia includes the release of the New Zealand GDP data and the Australian jobs report. The RBA's cautious stance and focus on preserving job gains could be impacted by the rise in the unemployment rate, potentially influencing future rate cut expectations and the AUD performance.
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Key Insights on New Zealand GDP and Australian Jobs Report for March 21, 2024

Key Insights:

The RBA meeting this week hinted at a more dovish tone.

Australian Jobs Report Impact:

  • RBA to monitor job gains amid rising unemployment rate.
  • Inflation concerns may influence RBA rate cut decisions.
  • Jobless rate fluctuations could affect AUD performance.

New Zealand GDP Highlights:

  1. Market expectations for the upcoming GDP data release.
  2. Insights into economic trends affecting New Zealand.

A detailed economic calendar preview for investors and traders to stay informed.

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