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Australia Building Approvals MoM
Latest Release
Nov 30, 2023
Actual7.5%
Forecast1.4%
Previous-4.0%
Building Approvals (also known as Building Permits) measures the change in the number of new building approvals issued by the government. Building permits are key indicator of demand in the housing market.
A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.
A higher than expected reading should be taken as positive/bullish for the AUD, while a lower than expected reading should be taken as negative/bearish for the AUD.
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| Nov 30, 2023 (Oct) | 11:30 | 7.5% | 1.4% | -4.0% | |
| Nov 08, 2023 | 11:30 | -4.6% | -4.6% | 8.1% | |
| Nov 01, 2023 (Sep) | 11:30 | -4.6% | 1.3% | 8.1% | |
| Oct 10, 2023 | 11:30 | 7.0% | 7.0% | -8.1% | |
| Oct 03, 2023 (Aug) | 11:30 | 7.0% | 2.5% | -7.4% | |
| Sep 07, 2023 | 12:30 | -8.1% | -8.1% | -7.9% |
News
Asia FX edges lower as dollar steadies after two-day drop
By Investing.com - Aug 30, 2023
Investing.com-- Most Asian currencies fell slightly on Wednesday with markets remaining risk averse ahead of key economic readings this week, while the dollar steadied after steep losses in the past...
Asian stocks buoyed by Wall St cheer, Australia rallies on soft CPI
By Investing.com - Aug 30, 2023
Investing.com-- Most Asian stocks rose on Wednesday, tracking strong cues from Wall Street after weak data pushed up hopes for a less hawkish Federal Reserve, with Australian shares leading gains on a...
Asian stocks dip ahead of Chinese data, Fed cues
By Investing.com - May 15, 2023
Investing.com -- Most Asian stock markets retreated on Monday as investors hunkered down before a string of Chinese economic readings, while monetary policy signals from a slew of Federal Reserve...
Analysis
The Overnight Report: Technical Turnaround
By Greg Peel - Mar 03, 2023
By Greg Peel Day Two You’d be forgiven for thinking the ASX had forgotten to update its market data from Wednesday to Thursday, so near identical was yesterday’s action to...
RBA to pause?
By David Bassanese - Dec 05, 2022
1
Week in review Global equities lifted for the second week in a row as Fed chair Powell all but confirmed the Fed would only raise rates by 0.5% at its policy meeting next week. Another benign US...
Twilight zone
By David Bassanese - Nov 28, 2022
Week in review The third ‘Fed pivot’ trade this year – which essentially has been in place since mid-October – continued last week, with markets still basking in the growing likelihood that the US...
Building Approvals (MoM) Discussion
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