Private Sector Credit M/M

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november, 2019

29nov12:30 am12:30 amPrivate Sector Credit M/MIMPACT: AUDUSD & AUD CROSSES12:30 am - 12:30 am UTC Event Type :Medium Impact Time has ran out! Better luck next time!

Event Details

What is this event?

Borrowing and spending are positively correlated – consumers and businesses tend to seek credit when they are confident in their future financial position and feel comfortable spending money.

Measures

Change in the total value of new credit issued to consumers and businesses.

Effect on Currency

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

Frequency of event

Released monthly, on the last business day of the following month.

Source of Data

Reserve Bank of Australia (latest release)

Time

(Friday) 12:30 am - 12:30 am

Australia - Flag - Economic Data

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