Top Insights
Forex
globalreutersApril 4, 20241 Mins read
Australian data – February building approvals -1.9% m/m (expected +3.3%)
globalreutersApril 4, 20241 Mins read Total dwelling approvals for Australia in February 2024:
-1.9% m/m
- expected +3.3%, prior -1.0%
Another weak building approvals data point. Three in a row of declines m/m.
You’ll note the estimate was for a rise, this was on the basis of some sort of bounce back from January. But that didn’t eventuate. It looks like further weakness ahead for this sector.
AUD little changed:
This article was written by Eamonn Sheridan at www.forexlive.com.
Recent Posts
Categories
Related Articles
New Zealand Q3 retail sales -0.1% q/q (expected -0.5%)
Retail sales in the third quarter in New Zealand were expected to...
Weekend – Trump nominated Scott Bessent to serve as Treasury Department secretary
Bessent and ex-Fed Warsh were two front runners, Bessent has been given...
Reserve Bank of New Zealand (RBNZ) Shadow Board recommend a 50bp cash rate cut this week
The Reserve Bank of New Zealand meet this week, with a 50bp...
Economic calendar in Asia Monday, November 25, 2024
New Zealand retail sales data for Q3 is the highlight. Retail spending...
Leave a comment