Australian February employment falls 15.4K vs. expectations for a gain of 5K. The unemployment...

|By:, SA News Editor
Australian February employment falls 15.4K vs. expectations for a gain of 5K. The unemployment rate edges up to 5.2% from 5.1%. Only yesterday, the RBA left rates unchanged, but said a persistent rise in unemployment would merit a cut. The aussie slides on the news, -0.4% at $1.0542. Shares in Sydney +0.5%.