November building approvals data from Australia
+7.0% m/m … beat
– expected +4.5%, prior -12.6%
-4.8%y/y … yes, a negative but a beat
– expected -5.7% y/y, prior -24.9%
At the same time, ANZ Job Advertisements for December doen 1.9% m/m
Australia Building Approvals (Nov): +7.0% m/m (expected +4.5%, prior -12.6%)
