Australia – July Building Approvals +10.8% m/m (vs. +4.0% expected)

• Prior was -6.3% (revised from -6.9%)

For the y/y, comes in at 28.3%

• expected +20.0%
• prior was -11.8%, revised from -13.0%

–

This is (obviously) a big beat and a positive input for AUD.