AUD stands out among majors with gain against USD
AUD rallies against USD while other majors fall, with support near 0.69056-0.69205.
AUD rallies against USD while other majors fall, with support near 0.69056-0.69205.
Sydney public holiday thins AUD liquidity on Monday; ASX open, data calendar light.
Australia's August CPI is due one day after the RBA's 25bp rate rise, with headline inflation forecast at 4.0% and trimmed mean steady at 3.6%.
China's Mid-Autumn and National Day holidays thin Asian markets, heightening volatility risks.
Almost all economists expect the RBA to raise rates to 4.60% on Tuesday, the highest since 2011.
Australia's unemployment rate rose to 4.6% in August, above forecasts, while employment increased by 39.5K, beating the expected 20K.
NAB forecasts Australia's unemployment rate edging down to 4.4% in August, with employment rising by 20,000.
Australia jobs data due Sept 24, 2026: CBA sees 15,000 gain, unemployment steady at 4.5%; another preview sees rebound.
CBA forecasts Australia added 15,000 jobs in August, with unemployment steady at 4.5%, below the market consensus of 20,000.
Australia's August employment is expected to rebound by ~20k, with unemployment holding at 4.5%, ahead of the RBA's likely rate hike.
UBS sees two more RBA hikes to a 4.85% terminal rate after Bullock and Hauser hawkish comments, with markets pricing a 70-75% chance of a September move.