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 | ||||
|---|---|---|---|---|---|
| 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 | ||
| Private Capital Expenditure | Bullish change | 0.4% | 6.4% |
| 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) |