Building approvals for December

  • For the m/m the result is -2.9%, expected -0.5%, prior was -0.3% (revised higher from -1.5%)

For the y/y: 21.8% y/y

  • expected +23.4%, prior was +23.6% (revised up from +22.2%)

From the Australian Bureau of Statistics:

building approvals australia 03 February 2014

AUD/USD has lost a few tics on the data – its had a small range bound session so far today.