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Lunch Report: ASX Falls On Unexpected Jobs Numbers

The ASX 200 has fallen to session lows following the surprise drop in the unemployment rate to 5.1%. The benchmark index is down 50pts or 0.7% at lunch with expectations lowered for an interest rate cut when the RBA meets in Feb.

The ASX 200 has fallen to session lows following the surprise drop in the unemployment rate to 5.1%. The benchmark index is down 50pts or 0.7% at lunch with expectations lowered for an interest rate cut when the RBA meets in Feb.