Flash: Australia’s Oct private credit eyed – Westpac
FXstreet.com (Barcelona) – According to Sean Callow, FX Strategist at Westpac, “there should be only passing interest in Australia’s data today, with Oct private credit due at 00.30GMT.”
“Still, it will be worth noting if the growth in housing lending remains only modest by historical standards. Westpac looks for a slightly sub-consensus 0.3% m/m, 3.4% y/y in total credit, with housing growing in the 4.5-5% range” Callow adds.
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