The typical/expected market impact of this event is low.
The consensus forecast for Building Permits (MoM) is -0.8%. A higher value than forecast tends to be bullish for CAD/xxx pairs and bearish for xxx/CAD pairs.
Lower numbers than forecast tend to be bullish for xxx/CAD pairs and bearish for CAD/xxx pairs.
The most recent announced value for Building Permits (MoM) was -6.6% against a forecast of 2.2%.
Other recent announcements which may affect the market's interpretation of the next Building Permits (MoM) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Ivey Purchasing Managers Index | Bullish change | 53.8 | 54.6 | ||
Ivey Purchasing Managers Index s.a | Bullish change | 48.9 | 53.3 | ||
S&P Global Manufacturing PMI | Bearish change | 46.1 | 45.6 | ||
Gross Domestic Product (MoM) | Bearish change | 0.2% | -0.1% |
Country: | Canada |
---|---|
Currency: | CAD |
Source: | Statistics Canada |
Category: | Housing Market |
Frequency: | Monthly |
Australia | Building Permits (MoM) | ||
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) |