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 -1.1% against a forecast of 1%.
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 | ||||
|---|---|---|---|---|---|
| S&P Global Composite PMI | Bullish change | 49.8 | 50.4 | ||
| S&P Global Services PMI | Bullish change | 49.9 | 50.5 | ||
| Exports (MoM) | Bearish change | 7.2% | -6.9% | ||
| Imports (MoM) | Bullish change | 0.2% | 2.6% | ||
| Trade Balance (MoM) | Bearish change | 1383M | -3018M | ||
| AiG Industry Index | Bullish change | -30.5 | -30 |
| 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) |