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april, 2019

16apr2:30 am2:30 amHouse PricesTRADERS CAN HOLD ALL POSITIONS THROUGH THIS RELEASE2:30 am - 2:30 am UTC Event Type :Low Impact Time has ran out! Better luck next time!

Event Details

What is this event?

It’s a leading indicator of economic health because building construction produces a wide-reaching ripple effect. For example, jobs are created for the construction workers, subcontractors and inspectors are hired, and various construction services are purchased by the builder.

Measures

The difference in value of newly built houses Y/Y.

Effect on Currency

‘Actual’ greater than ‘Forecast’ is good for the currency.

Frequency of event

Released monthly, about 16 days after the month ends.

Source of Data

National Bureau of Statistics of China (latest release)

Time

(Tuesday) 2:30 am - 2:30 am

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