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Economic news from Australia and China will move the markets during the Asian session

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Economic Calendar Asian session

00:30 - New Zealand Business NZ PMI

04:30 - Australia - new jobs

04:30 - Australia - unemployment rate

05:00 - China - trade balance

Australia's unemployment rate may have improved in March, after jumping by 0.2 ppt to 5.9% in February, the highest level in over a year. The Reserve Bank of Australia highlighted job market vulnerabilities in its April policy assessment, though it continued to note "various" forward-looking indicators still pointing to employment growth near-term. Employment fell by 6,400 in February as job shedding for part-time workers overshadowed gains for full-timers. Participation has been stable.

Expectations of Chinese trade balance in March that it would be positive, as expected strong decline in imports and increase in exports.

Jr Trader Petar Milanov


 Varchev Traders

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