The seasonally adjusted estimate for company gross operating profits rose 1.3% in the September quarter 2015. Analysts were anticipating 1.1% increase. The seasonally adjusted estimate for wages and salaries rose 1.0% in the September quarter 2015.
The trend estimate for inventories rose 0.2% in the September quarter 2015. The seasonally adjusted estimate rose 0.1% this quarter. The trend estimate for Manufacturing sales of goods and service rose 0.1% this quarter. The seasonally adjusted estimate rose 0.8% this quarter. The trend estimate for Wholesale trade sales of goods and services rose 0.2% this quarter. The seasonally adjusted estimate rose 0.2%.
Aussie is currently being traded around 0.7230 area. Pair is likely to find support around 0.72 handle and resistance above 0.7270 level. Later today, in the US session, Chicago
PMI and
Pending Home Sales are scheduled for a release.