This is not a likely forex mover upon release, barring some sort of shock result
0130 GMT Australia Private Sector Credit for July
- expected +0.3% m/m, prior +0.3%
- expected +4.4% y/y, prior +4.5%
The detail of this will indicate how housing credit is coming along, expected to slow a little more amidst continued house price declines & weaker auction clearance rates, along with tighter lending standards. For business sector credit, also expected to have slipped a little