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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
AustraliaAustralia ANZ Job Advertisment held to 5.1% in February 2014
FMPMonthlyReleased March 2014
Australia ANZ Job Advertisment held to 5.1% in February 2014, released March 2014.
Latest Release
5.100000
Actual
—
Consensus
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Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| AUD/USD | ▲ Direct | +0.55 | FOREX | Bullish AUD | → View |
| AUD/JPY | ▲ Direct | +0.45 | FOREX | Bullish AUD | → View |
| AUD/NZD | ▲ Direct | +0.40 | FOREX | Bullish AUD | → View |
| XAU/USD | ▲ Direct | +0.35 | COMMODITIES | Watch | → View |
| NZD/USD | ▲ Direct | +0.35 | FOREX | Bullish NZD | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
ANZ Job Advertisment (Australia) was reported at 5.1% in March 2014.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with AUD/USD (Bullish AUD). A secondary relationship exists with AUD/JPY, positively correlated (Bullish AUD).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Construction Work Done QoQ (May 27) and Inflation Rate YoY (May 27).
Auto-generated from current model state · Refreshes on each release · Last update March 2014.
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ANZ Job Advertisment - AU
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About ANZ Job Advertisment — Australia
DEFINITION
ANZ Job Advertisement is a leading economic indicator that measures the number of job advertisements posted by ANZ, one of Australia's largest banks. This indicator provides valuable insights into the current state of the job market, as well as the overall health of the economy. It is closely monitored by economists, policymakers, and businesses to gauge the level of employment opportunities and potential economic growth. ANZ Job Advertisement is a reliable and timely indicator that helps inform decision-making and forecasting in the financial sector.
WHY THIS INDICATOR MATTERS
Labor-market data shapes consumer-spending forecasts and is closely tracked by central banks assessing the output gap and wage-inflation pass-through. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Feb 2014): actual 5.1 %. Prior reading (Feb 2014): 5.1 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print. Current dynamics are the primary neutral force in the projection. This indicator correlates most strongly with AUD/USD (Bullish AUD, r=0.55) — a useful reference for forex-focused traders.