Australia: Key events in the week ahead - ANZ

Dhwani Mehta FXStreet

Economists at ANZ banks posted in their latest research report, key Australian events to what out for next week.

Key Quotes:

“ANZ forecast housing finance commitments will rise by 1.3% m/m in November. This is in line with strength in house prices and auction results toward the end of 2016, and ensures that the number of commitments remains at elevated levels.”

“We expect employment to have risen by 10k in December, reflecting some pullback from November’s very solid rise and given the softer ANZ job ads reading for the month. The labour market has clearly lost some momentum but we think it remains in reasonable shape and we expect the unemployment rate to have fallen to 5.6% in December.”

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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