The typical/expected impact on AUD pairs is medium.
The consensus forecast for Building Permits (MoM) is 1.6%. A higher value than forecast tends to be bullish for AUD/xxx pairs and bearish for xxx/AUD pairs.
The most recent announced value for Building Permits (MoM) was -0.3%.
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 | ||||
---|---|---|---|---|---|
Consumer Inflation Expectations | Bullish change | 4.1% | 4.4% | ||
Westpac Consumer Confidence | Bullish change | -0.3% | 1.7% | ||
Judo Bank Composite PMI | Bearish change | 52.1 | 50.6 | ||
Judo Bank Manufacturing PMI | Bearish change | 49.7 | 47.5 | ||
Judo Bank Services PMI | Bearish change | 52.5 | 51 |
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 | Housing Starts (MoM) | ||
United States | Building Permits (MoM) | ||
United States | S&P/Case-Shiller Home Price Indices (YoY) | ||
United States | New Home Sales (MoM) |