Challenges
Building Permits (MoM)
Most recent - Wednesday 30 August 2023 01:30
Lower numbers than forecast tend to be bullish for xxx/AUD pairs and bearish for AUD/xxx pairs.
Next event - Tuesday 3 October 2023 00:30
The typical/expected impact on AUD pairs is medium.
There is no forecast value for Building Permits (MoM) yet - check back for updates.
Trading range
Forecast history
The most recent announced value for Building Permits (MoM) was -8.1% against a forecast of -0.8%.
Past events
Economic context
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 | 50.2 | ||
| S&P Global Manufacturing PMI | Bearish change | 49.6 | 48.2 | ||
| S&P Global Services PMI | Bullish change | 47.8 | 50.5 | ||
| Employment Change s.a. | Bullish change | -1.4K | 64.9K | ||
| Full-Time Employment | Bullish change | -18.7K | 2.8K | ||
| Part-Time Employment | Bullish change | 9.6K | 62.1K | ||
| Participation Rate | Bullish change | 66.9% | 67% | ||
| Unemployment Rate s.a. | (no change) | 3.7% | 3.7% | ||
| Consumer Inflation Expectations | Bearish change | 4.9% | 4.6% | ||
| Westpac Consumer Confidence | Bearish change | -0.4% | -1.5% |
About Building Permits (MoM)
| Country: | Australia |
|---|---|
| Currency: | AUD |
| Source: | Australian Bureau of Statistics |
| Category: | Housing Market |
| Frequency: | Monthly |
Related events
| Australia | AiG Performance of Construction Index | ||
| New Zealand | REINZ House Price Index (MoM) | ||
| 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) |