Home Loans figures missed market expectations on 1.8% increase in November and fell by 0.7% compared to October 2014. In trend terms, the number of commitments for owner occupied housing finance was flat in November 2014.
Tomorrow, there will be no data releases from Australia, however, Chinese Trade Balance figures are scheduled for a release, which should show narrowing of trade balance surplus to 48.9 billion dollars. In the US session JOLT Job Openings data will be released. Analysts are forecasting increase by 4.91 million.
Figures to watch:
Chinese Trade Balance (Tuesday)
JOLTS Job Openings (Tuesday 16:00)