Reported Earlier, Australia Full Employment Change For March 27.9K Vs. 78.2K Prior
Portfolio Pulse from Benzinga Newsdesk
Australia reported a Full Employment Change of 27.9K for March, a decrease from the 78.2K reported in the prior period. This indicates a slowdown in employment growth.

April 18, 2024 | 4:59 am
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The iShares MSCI Australia ETF (EWA) may experience short-term volatility due to the reported slowdown in Australia's employment growth for March.
The iShares MSCI Australia ETF (EWA), which tracks the investment results of an index composed of Australian equities, is likely to be impacted by economic indicators from Australia such as employment changes. The reported slowdown in employment growth could lead to concerns about the Australian economy's strength, potentially affecting investor sentiment towards EWA in the short term. However, the impact may be moderated by other economic factors or global market trends.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 75