Reported Earlier, Australia Full Employment Change For May 41.7K Vs. -7.6K Prior
Portfolio Pulse from Benzinga Newsdesk
Australia's full employment change for May reported a significant increase of 41.7K compared to a prior decrease of 7.6K. This positive employment data could impact the iShares MSCI Australia ETF (EWA).
June 13, 2024 | 5:21 am
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The iShares MSCI Australia ETF (EWA) may see a positive impact due to the significant increase in Australia's full employment change for May, which reported a rise of 41.7K compared to a prior decrease of 7.6K.
The significant increase in employment data suggests a stronger Australian economy, which is likely to positively impact the iShares MSCI Australia ETF (EWA) as it reflects the performance of Australian equities.
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IMPORTANCE 70
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