Coming up from Australia on Tuesday 8 January 2018, due at 0030 GMT, building approvals data for Nov.
- The Bloomberg survey median is -1.0% m/m and +5.0% y/y
- October (the prior) was +0.9% and +18.4% respectively
A couple of very brief snippets ...
- RBC's outlook is for an on consensus result at -1.0% m/m
TD, on the other hand:
- We maintain our out of consensus view for building approvals to rise
- Reflecting the explosion in new housing finance between March and July
- TD are at +2.0% m/m for November
I'll have more on this data as a preview still to come on a separate post
