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 -6.4% against a forecast of -4.5%.
Recent economic data has been broadly neutral for AUD. Other recent announcements which may affect the market's interpretation of the next Building Permits (MoM) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Employment Change s.a. | Bearish change | 41.1K | -21.3K | ||
| Full-Time Employment | Bearish change | 53.6K | -56.5K | ||
| Participation Rate | Bearish change | 66.9% | 66.7% | ||
| Part-Time Employment | Bullish change | -12.5K | 35.2K | ||
| Unemployment Rate s.a. | (no change) | 4.3% | 4.3% | ||
| RBA Interest Rate Decision | (no change) | 3.6% | 3.6% | ||
| Exports (MoM) | Bearish change | 7.6% | 3.4% | ||
| Imports (MoM) | Bullish change | 1.8% | 2% | ||
| Trade Balance (MoM) | Bullish change | 3707M | 4385M | ||
| Gross Domestic Product (QoQ) | Bearish change | 0.6% | 0.4% | ||
| Gross Domestic Product (YoY) | Bullish change | 1.8% | 2.1% | ||
| AiG Industry Index | Bearish change | -11.2 | -12.5 | ||
| S&P Global Composite PMI | (no change) | 52.6 | 52.6 | ||
| S&P Global Services PMI | Bullish change | 52.7 | 52.8 |
| 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) |