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Australia's November employment rose by 39,100 jobs, well above the expected 20,000, with full-time jobs contributing. The Australian dollar traded around 0.7397 against the US dollar after the release.
Stronger Australian labour data supports the Australian dollar and limits its decline after the Fed decision. For feed buyers, this has little direct effect on grain or oilseed prices.
octaafrica.netDec 15, 2016Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
