The next 24 hours are light on volume but front-loaded with a high-impact labour print out of New Zealand. US JOLTS data fills the gap earlier in the day.
New Zealand Labour Market (22:45 UTC)
The day’s marquee release lands late in the session, when New Zealand publishes its quarterly jobs data. Two high-impact figures arrive together.
Employment Change q/q measures the quarterly shift in the number of people employed. Forecast is 0.1%, cooling from the prior 0.2%.
The Unemployment Rate is seen edging up to 5.4% from 5.3%. Both figures speak directly to the NZD and feed the broader read on labour slack.
US JOLTS (14:00 UTC)
Earlier in the day, the US releases its JOLTS Job Openings report, a medium-impact gauge of unfilled positions at the end of the prior month.
Openings are forecast at 7.44M, a step down from the previous 7.59M. It matters for the USD as a secondary check on labour demand.
What to Watch
The US number sets the tone through the New York session; the New Zealand pair of releases is the clear focus into the late hours, with both landing at the same 22:45 UTC print.
