Reply To: Traders Market Weekly: Reasoning Inflation and Market Authenticity

#63244
Truman
Participant

Australia’s June Building Approvals -7.7% m/m (expected -7.0%; last 20.5%).
June Home Loans -2.8% m/m (expected 1.7%; last 5.1%)
Private House Approvals -1.3% m/m (last 0.9%).
July Commodity Prices -23.5% yr/yr (expected -19.0%; last -21.5%)
July Manufacturing PMI 49.6 (expected 49.4; last 49.8)
The Reserve Bank of Australia left its cash rate at 4.10% against expectations for a 25-bps increase.

New Zealand’s June Building Consents 3.5% m/m (expected 0.3%; last -2.3%)