The typical/expected market impact of this event is low.
The consensus forecast for Private Sector Credit (MoM) is 0.5%. A higher value than forecast tends to be bullish for AUD/xxx pairs and bearish for xxx/AUD pairs.
The most recent announced value for Private Sector Credit (MoM) was 0.5% against a forecast of 0.5%.
Recent economic data has been broadly neutral for AUD. Other recent announcements which may affect the market's interpretation of the next Private Sector Credit (MoM) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Judo Bank Composite PMI | Bearish change | 51.6 | 51.4 | ||
Judo Bank Manufacturing PMI | Bearish change | 52.1 | 51.7 | ||
Judo Bank Services PMI | Bearish change | 51.6 | 51.4 | ||
National Australia Bank's Business Confidence (QoQ) | Bullish change | -5 | -4 | ||
Employment Change s.a. | Bullish change | -57.5K | 32.2K | ||
Full-Time Employment | Bullish change | -43.8K | 15K | ||
Participation Rate | Bullish change | 66.7% | 66.8% | ||
Part-Time Employment | Bullish change | -13.7K | 17.2K | ||
Unemployment Rate s.a. | Bearish change | 4% | 4.1% | ||
Consumer Inflation Expectations | Bullish change | 3.6% | 4.2% |
Country: | Australia |
---|---|
Currency: | AUD |
Source: | Reserve Bank of Australia |
Category: | Economic Activity |
Frequency: | Monthly |