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Australia Building Approvals MoM

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Australia Building Approvals MoM

Frequency

Delivery Method

Website popup

Mobile App notifications

Status

 
Latest Release
Mar 31, 2022
Actual
43.5%
Forecast
10.0%
Previous
-27.1%
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.
Importance:
Country:
Currency: AUD
Source: Australian Bureau of Statistic...
Australia Building Approvals MoM
 
Release Date Time Actual Forecast Previous
Mar 30, 2022 (Feb) 20:30   43.5% 10.0% -27.1%
Mar 09, 2022 20:30 -27.9% -27.9% 8.2%
Mar 02, 2022 (Jan) 20:30   -27.9% -2.9% 9.8%
Feb 09, 2022 20:30 8.2% 8.2% 2.6%
Feb 02, 2022 (Dec) 20:30   8.2% -1.0% 2.6%
Jan 16, 2022 (Dec) 20:30 3.6% 3.6% 13.6%

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Analysis

Building Approvals (MoM) Discussion

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All Comments (1)
Rohit Kumar
Rohit Kumar Apr 01, 2014 1:57PM ET
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Seems AUD will fall from this current level of 0.92985 which is a very strong resistance before 0.94687. Easily can opt for sell position..
Yoseph Kuncorojati
Yoseph Kuncorojati Apr 01, 2014 1:57PM ET
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perhaps, but market sentiment is still bullish. longer term investors may step in...
Yoseph Kuncorojati
Yoseph Kuncorojati Apr 01, 2014 1:57PM ET
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perhaps, but market sentiment is still bullish for longer term buyers. seeing that USD is keeping it's interest rate...
srinivas vemuri
srinivasulu Apr 01, 2014 1:57PM ET
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Hi what about gold position tomorrow, its bullish or bearish for day traders
 
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