Analysts at Australia and New Zealand Banking Group (ANZ) expect Australia’s building approvals to advance in the month of June, despite ongoing tightening in credit availability and weaker housing finance results. The data will be reported on Tuesday at 0130 GMT. Key Quotes: “We believe building approvals nudged higher in June. This is likely to be driven by a substantial increase in Queensland after approvals in the state fell by nearly 30% in May. However, this doesn’t change our view that approvals will continue to trend lower from here. Ongoing tightening in credit availability and weaker housing finance results suggest that building approvals are set for further weakness, regardless of some potential respite in June.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Crypto market overview: Bitcoin, Ethereum, et al. are in red, while TRON gains 6.6% FX Street 5 years Analysts at Australia and New Zealand Banking Group (ANZ) expect Australia's building approvals to advance in the month of June, despite ongoing tightening in credit availability and weaker housing finance results. The data will be reported on Tuesday at 0130 GMT. Key Quotes: "We believe building approvals nudged higher in June. This is likely to be driven by a substantial increase in Queensland after approvals in the state fell by nearly 30% in May. However, this doesn't change our view that approvals will continue to trend lower from here. Ongoing tightening in credit availability and weaker housing finance… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
