Australia will release their Employment data this week on Thursday. Expectations are for an additional 35,000 jobs to be added to the economy. In February, 88,700 jobs were added, of which just about all were full-time jobs! The unemployment rate is expected to drop from 5.8% to 5.7%. Last week, the RBA met and left interest rates unchanged at 0.1% and began a new A$100 billion bond purchase program. The committee noted that they would leave monetary policy accommodative until actual inflation is withing their 2%-3% target, which they don’t expect to be until 2024. Housing prices are rising, and fears are stirring of ... (full story)