Lower numbers than forecast tend to be bullish for xxx/AUD pairs and bearish for AUD/xxx pairs.
The most recent announced value for Building Permits (MoM) was -6.1% against a forecast of -4.4%.
Recent economic data has been broadly neutral for AUD. Other recent announcements which may affect the market's interpretation of the next Building Permits (MoM) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Exports (MoM) | Bearish change | 0.3% | -0.2% | ||
Imports (MoM) | Bullish change | -0.6% | -0.2% | ||
Trade Balance (MoM) | Bullish change | 5636M | 5644M | ||
Judo Bank Composite PMI | Bearish change | 49.8 | 49.6 | ||
Judo Bank Services PMI | Bearish change | 50.6 | 50.5 | ||
AiG Industry Index | Bullish change | -23.5 | -18.6 | ||
Retail Sales s.a. (MoM) | Bullish change | 0.1% | 0.7% | ||
RBA Interest Rate Decision | (no change) | 4.35% | 4.35% | ||
Judo Bank Composite PMI | Bearish change | 51.7 | 49.8 | ||
Judo Bank Manufacturing PMI | Bearish change | 48.5 | 46.7 | ||
Judo Bank Services PMI | Bearish change | 52.5 | 50.6 |
Country: | Australia |
---|---|
Currency: | AUD |
Source: | Australian Bureau of Statistics |
Category: | Housing Market |
Frequency: | Monthly |
New Zealand | Building Permits s.a. (MoM) | ||
United States | Pending Home Sales (MoM) | ||
United States | Existing Home Sales Change (MoM) | ||
United States | New Home Sales Change (MoM) | ||
United States | Housing Starts (MoM) | ||
United States | Building Permits (MoM) |