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Golden Ten Data reported on June 25 that analyst Eamonn Sheridan pointed out that Australia’s labor market overall grew better than expected in May. However, a deeper analysis of the data—especially the sharp downward revision of April figures and the increased share of part-time employment in the growth—introduces considerable uncertainty for the Reserve Bank of Australia’s decision in August, but the data leans towards maintaining the current interest rate. The analyst noted that the 4.4% unemployment rate alleviates some of the urgency from unexpected upward pressures, while the higher proportion of part-time jobs and a decline in hours worked provide more room for a wait-and-see approach. The revision for April further reinforces the assessment of significant data noise. Although household spending remains strong and core inflation is still above target, which continues to support Westpac’s view of a potential August rate hike, the mainstream market expectation remains unchanged: the Reserve Bank of Australia is likely to leave rates on hold. The June inflation data will be a key variable ahead of the August meeting.

Foresight News reported, according to monitoring by @ai_9684xtpa, an address opened long positions early this morning with 102.55 BTC, 954.38 ETH, and 8,790 ounces of silver, with a total position value of 8.29 million US dollars. At the same time, this address also bought 10.699 million US dollars’ worth of BTC and ETH spot. The current take-profit levels are set at BTC 63,000 US dollars and ETH 1,650 US dollars.

According to Foresight News, as monitored by Ember, a whale address that participated in the BAT ICO in May 2017 and ultimately made a profit of up to 23.77 million USD, began selling ETH two days ago after six years of inactivity. Over the past two days, this address sold 12,586 ETH in exchange for 20.59 million USDS, with an average price of 1,636 USD.