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Australian Building Approvals for September: -4.6% m/m (expected +1.3%)

Australian Building Approvals for September: -4.6% m/m (expected +1.3%)
Australia Building Approvals for September 2023 come in at -4.6% m/mexpected +1.3%, prior +7.0%A poor report for the sector. IF the RBA is eyeing data on the health of the Australian econly they'll be getting worried. This from earlier (check the remarks from the report, not confidence inspiring at all):Australian final manufacturing PMI for October: 48.2 (prior 48.7)Meanwhile, inflation appears to have gotten away form policymakers at the Bank and a rate hike next week (November 7) seems likely... Read More
Posted: Nov 1 2023, 00:37
Author Name: forexlive
Views: 112118

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