The Traderszone Network

This article is published in collaboration with Scutify, where you can
find real-time markets a

We just had a big data dump from Australia, and a jump in the AUD
Just wanted to put it all in one place to make it easier for everyone.
Includes my comments on all the beatings the estimates have taken and the bonza exports numbers

This article is published in collaboration with Scutify, where you can
find real-time markets a

This article is published in collaboration with Scutify, where you can
find real-time markets a

Private Sector Credit for April,
– +0.5 % m/m (expected +0.5%, prior +0.4%)
– +6.7% y/y (expected +6.5%, prior +6.4%)
More:
– Housing credit +0.4% m/m and +7.0% y/y (ps. owner occupied +7.3% outstripping investor at +6.5%)

Australian BoP Current Account Balance for Q1,  bn

And, Net exports as +1.10% of GDP:
– expected 0.70
– prior 0.0
Exports will be a contributor to the GDP data due tomorrow – this beat on expectations is positive for that data

Australian Building approvals in April
+3.0% m/m,
– expected -3.0%, prior was +2.9%, revised from +3.7%
 +0.7% y/y,
– expected -6.7%, prior was -5.4%, revised higher from -6.5%
From the ABS: