Australia Q3 2024 Wage Price Index +0.8% q/q
The Australia Q3 2024 Wage Price Index arrived at +0.8% q/q, slightly lower than estimates and is showing signs that the Australian wage growth is slowing. Yet, the pace of slowing will likely be moderate as the labor market remains solid. Risk sentiment is sour on Wednesday's Asia session.
AUD/USD is trading unchanged at 0.6533.
