Australia Employment Change for December: -22.6K (vs. expected 10.0K) – and the rest of the data

• Employment Change December: -22.6K (expected 10.0K, prior 15.4 k, revised from 21.0K)

• Unemployment Rate December: 5.8% (expected 5.8%, prior 5.8%)

• Full Time Employment Change December: -31.6K (prior was +10.5K, revised from+15.5K)

• Part Time Employment Change December: +9.0K (prior was +4.9K, revised from +5.5K)

• Participation Rate December: 64.6 (expected is 64.8% 64.8%)

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Terrible result (like you need me to tell ya!)

AUD smashed lower

Revisions to prior data coming out now too –

• last months employment gain revised lower (see bullets, above)

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Added – Bids ahead of 0.8800 now