Switzerland SECO Consumer Climate (3m) improves to -6 in 4Q from -17

Both the Australian and New Zealand Dollar were the main losers in Asia, yet the latter was the most severely punished after a dismal jobs report, in which a cut back in the jobless rate to 6.9% vs 7.1% came accompanied by news additional data suggesting the fall was entirely caused by low participation levels, down to 67.2% v 68.5% exp. Additionally, employment growth stood at -1% QoQ, well below the 0.4% rise expected.