Australia, your September housing finance data is served up - thank-you Australian Bureau of Statistics!
Home loans -2.3% m/m, MISS
- expected 2.0%, prior was 1.0%
Investment lending -6.2% m/m,
- prior was 4.3%
Owner-occupied loan value -2.1% m/m,
- prior was 0.9%
Australian dollar a wee bit lower on the data.
AUD/USD had been hanging in there quite well given the AUD/NZD selling flows since the more hawkish (by just a bit) RBNZ announcement and presser earlier. AUD/USD now to a fresh session low but the range has been small indeed.
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Background (posts from earlier today):