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 -6.4% against a forecast of -4.5%.
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 | ||||
|---|---|---|---|---|---|
| Consumer Inflation Expectations | Bullish change | 4.5% | 4.7% | ||
| Westpac Consumer Confidence | Bullish change | 12.8% | 94.5% | ||
| S&P Global Composite PMI | Bearish change | 52.6 | 51.1 | ||
| S&P Global Manufacturing PMI | Bullish change | 51.6 | 52.2 | ||
| S&P Global Services PMI | Bearish change | 52.8 | 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 | Existing Home Sales Change (MoM) | ||
| United States | New Home Sales Change (MoM) | ||
| United States | Housing Starts (MoM) | ||
| United States | Building Permits (MoM) |