ANZ Job Advertisements unchanged in May
Having bounced 2.5% in April, Australian jobs advertisements held steady in May.The latest ANZ job ads survey revealed internet job postings increased by 0.1%, offsetting a 4.3% decline in newspapers.
Over the past year internet postings have risen by 15.3%, overshadowing a 23.2% slump in the surveys smaller newspaper component. Despite the flat outcome of May total advertisements have increased by 18,000, or 14.1%, over the past 12 months.
Also, Home Loans figures were released showing that the number of commitments for owner occupied housing finance, in seasonally adjusted terms, rose 1.0% in April 2015, compared to March 2015. Analysts were predicting 1.8% decrease.
After the data, Aussie was initially pushed lower, but immediately rebounded, currently being traded few points below 0.77 handle. Pair is likely to find support around 0.7650 level and resistance above 0.7750 area. Later today, in the US session, JOLTS Job Openings figures are scheduled for a release.
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