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 -3.4% against a forecast of -1.5%.
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 | 48.7 | 49.8 | ||
| S&P Global Manufacturing PMI | Bullish change | 50.7 | 51.2 | ||
| S&P Global Services PMI | Bullish change | 48.7 | 49.9 | ||
| RBA Interest Rate Decision | (no change) | 4.35% | 4.35% | ||
| Consumer Inflation Expectations | Bearish change | 5.6% | 5.5% |
| 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) |