AUD: Focus on the labor report; what to expect? – Barclays
The focus of AUD traders will be on the Australia’s labor market report at 0130 GMT.
In that regard, Barclays Capital Research expects wage growth to remain modest, but to show a bottoming in Q1 17 (Barclays: 0.6% q/q and 2.0% y/y; last: 0.5%/1.9%).
