Australian Building Permits MoM Final (Feb) M/M 29.7% vs. Exp. 29.7% (Prev. -7.2%)
The final print for Australian building permits in February shows a significant month-over-month increase of 29.7%, aligning with expectations and rebounding sharply from a prior decline of 7.2%.
Japan's Finance Minister Katayama declines to comment on FX levels and says the government is prepared to take decisive action in markets, but will not elaborate on future potential measures
BoK says rate decision was unanimous and that Middle East conflict poses risks to growth
Australian Building Permits MoM Final (Feb) M/M 29.7% vs. Exp. 29.7% (Prev. -7.2%)
PBoC injects CNY 2.0bln via 7-day reverse repos with the rate at 1.40%
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This robust growth in permits may signal a strengthening in the construction sector, potentially influencing economic sentiment and policy outlook in Australia as it reflects increased activity amidst the housing market dynamics.
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