Australian Building Permits YoY Final (Feb) Y/Y 14.0% vs. Exp. 14.0% (Prev. -15.7%)
The final figure for Australian building permits year-on-year came in at 14.0%, aligning with expectations and showing a significant recovery from the previous year's decline of -15.7%.
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 YoY Final (Feb) Y/Y 14.0% vs. Exp. 14.0% (Prev. -15.7%)
PBoC injects CNY 2.0bln via 7-day reverse repos with the rate at 1.40%
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This stability suggests a rebound in the housing sector, potentially influencing economic growth forecasts and the Reserve Bank's policy considerations going forward.
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