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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
AustraliaAustralia ANZ Job Advertisment MoM held to 0.9% in February 2015
FMPMonthlyReleased March 2015
Australia ANZ Job Advertisment MoM held to 0.9% in February 2015, released March 2015.
Latest Release
0.900000
Actual
—
Consensus
—
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 MoM (Australia) was reported at 0.9% in March 2015.
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 Interest Rate Decision (Jun 16) and RBA Rate Statement (Jun 16).
Auto-generated from current model state · Refreshes on each release · Last update March 2015.
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ANZ Job Advertisment MoM - AU
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About ANZ Job Advertisment MoM — Australia
DEFINITION
The ANZ Job Advertisment MoM (Month-on-Month) is a leading economic indicator that measures the change in the number of job advertisements posted by businesses in Australia. It provides valuable insights into the current state of the job market and can be used to forecast future employment trends. This indicator is closely monitored by economists, policymakers, and businesses as it reflects the overall health of the economy and can impact consumer spending and business confidence.
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 2015): actual 0.9 %. Prior reading (Feb 2015): 0.9 %.
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.