What to expect. What are the technicals saying
The Australian wage price index will be released in the new trading day (0030 GMT, 11:30 AM AEDT). The expectations for the 3Q is for a QoQ gain of 0.6% (high +0.7%, low +0.5%). The YoY is expected to rise by 2.3%. The 2.3% gain would equal the lowest level in the survey’s history (18 years). Those are the facts and expectations.