Australia Building Permits (April) -8.1% m/m (expected +2.0%)

Australian Building Permits data for April 2023 come in at -8.1% m/m

• expected +2.0% prior -0.1%

More ugly numbers from Australia, this from earlier:

• Australian weekly Consumer Confidence survey 76.8 (prior 77.9)

A weaker US dollar is helping AUD shrug off disappointing data: