Market Close 12 Dec 24: Aussie market rattled by unexpected strength in jobs data

CommSec Market Update

The market has taken a tumble today coinciding with an update on Aussie jobs growth with results which caught the market off guard and dropped expectations of a February rate cut. Steve is solo today unpacking this data, and the upcoming data that could make all the difference around this decision. There is a plethora of international happening including rate cuts internationally which Steve discusses, and he looks at the performance of local sectors with tech seeing some gains.

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