Australia Full Employment Change For August 2.8K Vs. -18.7K (Revised) Prior
Portfolio Pulse from Benzinga Newsdesk
Australia's full employment change for August was 2.8K, a significant improvement from the revised prior figure of -18.7K.
September 14, 2023 | 4:41 am
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POSITIVE IMPACT
The positive employment change in Australia may have a positive impact on the iShares MSCI Australia ETF (EWA).
The employment change data is a key economic indicator that can influence market sentiment. As EWA tracks the investment results of an index composed of Australian equities, positive economic data from Australia can potentially boost the ETF's performance.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80