Higher numbers than forecast tend to be bullish for AUD/xxx pairs and bearish for xxx/AUD pairs.
The typical/expected impact on AUD pairs is medium.
There is no forecast value for Building Permits (MoM) yet - check back for updates.
The most recent announced value for Building Permits (MoM) was 5.1% against a forecast of 2.1%.
Recent economic data has been moderately bullish 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 | 3.1% | 2.3% | ||
| Imports (MoM) | Bearish change | 6.2% | -3.3% | ||
| Trade Balance (MoM) | Bullish change | 184M | 2826M | ||
| AiG Industry Index | Bullish change | -24.2 | -19.1 | ||
| S&P Global Composite PMI | Bullish change | 47.7 | 48.2 | ||
| S&P Global Services PMI | Bullish change | 47.8 | 48.5 | ||
| RBA Interest Rate Decision | Bullish change | 4.6% | 4.85% | ||
| Producer Price Index (YoY) | (no change) | 3.6% | 3.6% | ||
| S&P Global Composite PMI | Bearish change | 51.3 | 47.7 | ||
| S&P Global Manufacturing PMI | Bullish change | 49.6 | 49.7 | ||
| S&P Global Services PMI | Bearish change | 51.9 | 47.8 |
| 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) | ||
| United States | Construction Spending (MoM) |