Home Loans rose less than expected

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Friday, Apr 10 2015

Australian Home Loans rose by 1.2%, in seasonally adjusted terms, missing forecasts on 3.0% incline. The trend estimate for the total value of dwelling finance commitments excluding alterations and additions rose 0.8%. Owner occupied housing commitments rose 1.0% and investment housing commitments rose 0.4%.

In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions fell 1.0%. In trend terms, the number of commitments for owner occupied housing finance rose 0.2% in February 2015.

Data did not have any major impact on the markets with them awaiting for China's CPI and PPI data. Pair is likely to find support around 0.7650 area and resistance above 0.7730 level. There will be no major data releases in the rest of the session.

More in this category: « Unemployment Claims rose to 281,000 China's CPI unchanged in March »

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