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 -10.5% against a forecast of -9.9%.
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 | ||||
|---|---|---|---|---|---|
| S&P Global Composite PMI | Bullish change | 50.1 | 50.4 | ||
| S&P Global Services PMI | Bullish change | 50.3 | 50.7 | ||
| Producer Price Index (YoY) | Bearish change | 3.5% | 3% | ||
| S&P Global Composite PMI | Bullish change | 46.6 | 50.1 | ||
| S&P Global Manufacturing PMI | Bullish change | 49.8 | 51 | ||
| S&P Global Services PMI | Bullish change | 46.3 | 50.3 |
| 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) |