Australia January employment jumps 46.3K against expectations for a rise of 10K. The...

|By:, SA News Editor

Australia January employment jumps 46.3K against expectations for a rise of 10K. The unemployment rate slides to 5.1% vs. 5.3% expected. The aussie quickly pops 40 pips before giving back some of those gains, now buying $1.0712. With the U.S. weak overnight and a March RBA rate cut now likely off the table, shares in Sydney -1.4%.