Paul Bloxham: HSBC chief economist on Australia's unemployment rate reaching 4 percent - Heather du Plessis-Allan Drive

Over in Australia, the unemployment rate increased to 4 percent in December - raising questions ahead of a potential interest rate cut next month.

Unemployment is one of the key metrics the RBA uses to inform interest rate settings, and a weakening market could encourage the central bank to reduce rates.

HSBC chief economist Paul Bloxham explains further.

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