Australian data: August building permits , home loans both up m/m | Forexlive

The m/m building permits data is encouraging, but the poor y/y trend takes much of the shine off.

Australia job advertisements dipped 0.1% m/m in September. Despite being down that’s not too bad a result given the strong growth in August.

• for the y/y -8.2%

Job ads are 50% higher than pre-covid levels

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The focus for Australia for the session is the Reserve Bank of Australia policy decision due at 2.30pm local time, which is 0330 GMT and 11.30pm US Eastern time.

(spoiler – on hold expected)

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• Source: https://www.forexlive.com/centralbank/australian-data-august-building-permits-home-loans-both-up-mm-20231003/