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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
AustraliaAustralia HIA New Home Sales climbed to 4.6 in March 2014
FMPMonthlyReleased March 2014
Australia HIA New Home Sales climbed to 4.6 in March 2014, up 4.4 from February's 0.2 reading.
Latest Release
4.600000
Actual
—
Consensus
0.200000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| AUD/USD | ▲ Direct | +0.55 | FOREX | Bullish AUD | → View |
| AUD/JPY | ▲ Direct | +0.45 | FOREX | Bullish AUD | → View |
| AUD/NZD | ▲ Direct | +0.40 | FOREX | Bullish AUD | → View |
| XAU/USD | ▲ Direct | +0.35 | COMMODITIES | Watch | → View |
| NZD/USD | ▲ Direct | +0.35 | FOREX | Bullish NZD | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
The March 2014 reading rose from the previous value of 0.2. Historically, this indicator is positively correlated with AUD/USD (Bullish AUD) and positively correlated with AUD/JPY (Bullish AUD).
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HIA New Home Sales - AU
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