Lower numbers than forecast tend to be bullish for xxx/AUD pairs and bearish for AUD/xxx 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 -6% against a forecast of -5.5%.
Recent economic data has been moderately bearish 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 | 2.5% | -7.8% | ||
Imports (MoM) | Bullish change | -2.4% | 3.2% | ||
Trade Balance (MoM) | Bearish change | 6612M | 1825M | ||
AiG Industry Index | Bearish change | -13.9 | -16 | ||
RBA Interest Rate Decision | (no change) | 3.6% | 3.6% | ||
S&P Global Composite PMI | Bearish change | 55.5 | 52.1 | ||
S&P Global Manufacturing PMI | Bearish change | 53 | 51.6 | ||
S&P Global Services PMI | Bearish change | 55.8 | 52 |
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) |