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2 May 2013
Forex Flash: Aus building approvals eyed - NAB
FXstreet.com (Barcelona) - Today in Australia, as NAB notes, "March building approvals are expected to show a small
2.5% rise vs the 3.1% gain in February, providing some confidence that the construction outlook is continuing to improve slowly."
NAB adds: "In recent months however, most of the growth has been in multi-unit dwellings, so it would be more convincing if we were to see some uptick in private detached housing activity."
2.5% rise vs the 3.1% gain in February, providing some confidence that the construction outlook is continuing to improve slowly."
NAB adds: "In recent months however, most of the growth has been in multi-unit dwellings, so it would be more convincing if we were to see some uptick in private detached housing activity."