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%.
Other recent announcements which may affect the market's interpretation of the next Private Sector Credit (MoM) result:
Previous | Latest | ||||
---|---|---|---|---|---|
Private Capital Expenditure | Bullish change | -2.2% | 1.1% | ||
Judo Bank Composite PMI | Bearish change | 50.2 | 49.4 | ||
Judo Bank Manufacturing PMI | Bullish change | 47.3 | 49.4 | ||
Judo Bank Services PMI | Bearish change | 51 | 49.6 |
Country: | Australia |
---|---|
Currency: | AUD |
Source: | Reserve Bank of Australia |
Category: | Economic Activity |
Frequency: | Monthly |