Canada: The value of building permits issued by Canadian municipalities fell 5.8% to $7.0 billion in March

"The value of building permits issued by Canadian municipalities fell 5.8% to $7.0 billion in March, marking a second consecutive monthly decrease. Nationally, the decline was mainly the result of lower construction intentions for multi-family dwellings, particularly in British Columbia and Ontario," said the Statistics Canada on Tuesday.

  • All provinces and territories, except Ontario and Quebec, registered decreases in the total value of building permits in March.

Saudi Aramco cuts June oil supplies to Asia - Reuters

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AUDNZD still appears elevated - HSBC

In view of the analysts at HSBC, AUD-NZD still appears elevated relative to 1Y1Y forward rate differentials as they suspect this may be because of the
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