Australian Building Permits MoM Prel (Mar) M/M -10.5% (Prev. 29.7%)
The preliminary March data for Australian building permits shows a significant decline of 10.5% month-on-month, a stark reversal from the previous increase of 29.7%.
[MARKET ANALYSIS] Choppy trade in the JPY whilst AUD awaits tomorrow’s RBA
[MARKET ANALYSIS] APAC mostly firmer; Japan and Mainland China away on holiday
Australian Building Permits MoM Prel (Mar) M/M -10.5% (Prev. 29.7%)
Japanese PM Takaichi is to meet with Australian PM Albanese to discuss energy and rare earths
[MARKET UPDATE] Volatility seen in JPY, with USD/JPY instantly dipping from 156.95 to 156.59 before recoiling back to 156.87
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This sharp drop could indicate weakening demand in the housing sector, potentially influencing monetary policy considerations, as it adds to concerns over domestic growth and construction activity.
Related headlines
- Australian Building Permits Final (Jul YY) 9% vs. Exp. 9.0% (Prev. 9.5%)1 day ago
- Australian Building Permits Final (Jul MM) -3.6% vs. Exp. -3.6% (Prev. 6.9%)1 day ago
- Swedish CPI Prel (Aug YY) 0.3% vs. Exp. 0.6% (Prev. 0.2%)2 days ago
- Swedish CPI Prel (Aug MM) -0.3% (Prev. -0.3%)2 days ago
- [MARKET ANALYSIS] DXY is little changed ahead of inflation data later in the week and despite the US announcing an import ban on some Canadian goods as trade war escalates10 hours ago
- US Market Wrap: Stocks fall and crude gains amid escalating geopolitics 17 hours ago
- Newsquawk Daily European Opening News - 8th September 20261 day ago
- Australian NAB Business Confidence (Aug) -8 (Prev. -6)1 day ago
- [MARKET ANALYSIS] DXY lacks directions amid the holiday weekend stateside and after ultimately fading the post-NFP knee-jerk moves, while the Fed also entered a blackout period2 days ago
- Mexican PPI (Aug YY) 2.99% (Prev. 2.56%)1 hour ago
- Mexican Core CPI (Aug YY) 3.88% vs. Exp. 3.93% (Prev. 3.95%)1 hour ago
- Mexican CPI (Aug YY) 3.26% vs. Exp. 3.30% (Prev. 3.12%)1 hour ago
- Mexican CPI (Aug MM) 0.20% vs. Exp. 0.25% (Prev. 0.03%)1 hour ago
- Mexican Core CPI (Aug MM) 0.16% vs. Exp. 0.20% (Prev. 0.23%)1 hour ago
- Norwegian PPI (Aug YY) 30.1% (Prev. 23.4%)7 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks trade mixed with the region partially shrugging off the weak US lead following a fresh exchange of US-Iran strikes and escalation in the US-Canada trade war10 hours ago
- Chinese CPI (Aug YY) 0.8% vs. Exp. 0.8% (Prev. 0.5%)12 hours ago
- Chinese CPI (Aug MM) 0.4% vs. Exp. 0.3% (Prev. -0.1%)12 hours ago
- Chinese PPI (Aug YY) 3.8% vs. Exp. 3.7% (Prev. 3.5%)12 hours ago
- South Korean Unemployment Rate (Aug) 2.7% (Prev. 2.8%)14 hours ago
The whole workspace, free to try.
Try it free