Lower numbers than forecast tend to be bullish for xxx/NZD pairs and bearish for NZD/xxx pairs.
The typical/expected impact on NZD pairs is medium.
There is no forecast value for Building Permits s.a. (MoM) yet - check back for updates.
(A summary of the historic trading range after each event is not available for Building Permits s.a. (MoM). Please check the candle charts instead.)
The trading range of was pips following the most recent Building Permits s.a. (MoM).
The most recent announced value for Building Permits s.a. (MoM) was -2.6% against a forecast of 1.6%.
Other recent announcements which may affect the market's interpretation of the next Building Permits s.a. (MoM) result:
|RBNZ Interest Rate Decision||Bullish change||5.25%||5.5%|
|Retail Sales (QoQ)||Bearish change||-0.6%||-1.4%|
|Retail Sales ex Autos (QoQ)||Bullish change||-1.6%||-1.1%|
|Australia||AiG Performance of Construction Index|
|Australia||HIA New Home Sales (MoM)|
|Australia||Building Permits (MoM)|
|New Zealand||REINZ House Price Index (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)|
The value of Building Permits s.a. (MoM) has been announced.