Yen Stabilizes After Suspected Intervention as Global Currency Markets Stay Cautious 
Oil Prices Hold Above $100 Amid Strait of Hormuz Tensions and U.S.-Iran Uncertainty 
RBA Rate Hike Outlook: Impact on AUD/USD and ASX 200 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Gold Prices Hold Steady Amid Iran Tensions and Interest Rate Uncertainty 
Asian Markets Slip Amid Strait of Hormuz Tensions and RBA Rate Hike Expectations 
Asian Stocks Rise as South Korea Hits Record High on AI Chip Rally 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Copper Prices Hold Near Three-Week Low Amid Strong Dollar and Global Slowdown Fears 
Building approvals in Australia fell during the month of September, with approvals for the construction of new homes missing what markets had initially anticipated.
Australia’s building approvals were down a seasonally adjusted 8.7 percent on month in September, data released by the Australian Bureau of Statistics showed Wednesday, coming in at 18,945. That missed forecasts for a decline of 3.0 percent following the 1.8 percent decline in August.
Further, on a yearly basis, building approvals were down 6.4 percent - again missing expectations for a gain of 2.1 percent following the 10.1 percent spike in the previous month. Approvals for private sector houses were up 2.3 percent on month and down 1.8 percent on year to 9,605.
In addition, approvals for private sector dwellings excluding houses plummeted 16.3 percent on month and 9.9 percent on year to 9,166. The value of total building approved surged 29.9 percent in September following a fall of 7.7 percent in the previous month.
Meanwhile, approvals for private sector houses rose 2.3 percent in the month, and the 'other dwellings' category, which includes apartment blocks and townhouses, was down 16.3 percent.
