The September Australian Home Loans reading came out better than expected at +5.1% versus the estimate of 3.0% and better than the prior reading of -0.6%, which was revised lower (-1.9%.) Investment Lending fell in September to -0.1% from a +7.6% reading in August (revised higher to 8.3%.) The AUD has recovered from its early session lows on the back of this release.
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Hi, nice and informative post, thank you very much for putting the points in a plain and easy way. Once again thank you.