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What to Expect from Australia Housing Data

From orbex.com

What We Are Expecting Tomorrow we get two bits of interesting information that don’t usually move the markets immediately unless there is a big surprise in the data. However, they can drive trader sentiment and are useful for evaluating longer trends. Especially now that next week, major forex traders should be coming back to the markets after the holiday, and the trading ought to return to normal. For Building Approvals, the consensus among analysts is that they will increase 2.8% over last month, a modest improvement over the prior drop of -1.8%. This series tends to bounce around a lot, but a result above 0 is ... (full story)

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  • Category: Fundamental Analysis