Higher numbers than forecast tend to be bullish for AUD/xxx pairs and bearish for xxx/AUD pairs.
The typical/expected impact on AUD pairs is medium.
The consensus forecast for Building Permits (MoM) is -4.8%. A higher value than forecast tends to be bullish for AUD/xxx pairs and bearish for xxx/AUD pairs.
The most recent announced value for Building Permits (MoM) was 11.9% against a forecast of 2%.
Recent economic data has been strongly bullish for AUD. Other recent announcements which may affect the market's interpretation of the next Building Permits (MoM) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Private Capital Expenditure | Bullish change | -0.2% | 0.2% | ||
Consumer Inflation Expectations | Bearish change | 4.7% | 3.9% | ||
S&P Global Composite PMI | Bullish change | 53.8 | 54.9 | ||
S&P Global Manufacturing PMI | Bullish change | 51.3 | 52.9 | ||
S&P Global Services PMI | Bullish change | 54.1 | 55.1 | ||
Westpac Consumer Confidence | Bullish change | 0.6% | 5.7% |
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) |