A monthly construction statistics survey is carried out in South Africa by Statistics South Africa (Stats SA), which collects information on authorized building plans and completed buildings that have been supported by the private sector from the major local government organizations. They claim that they are not always alerted about low-cost housing projects and, as a result, do not include the vast majority of low-cost housing projects. The monthly survey accounts for around 90% of the total value of completed buildings. It is a municipal government institution that is in charge of collecting the statistics data. District municipalities, metropolitan municipalities, and local municipalities are examples of local government institutions.

A higher than expected figure should be seen as positive (bullish) for the ZAR while a lower than expected figure should be seen as negative (bearish) for the ZAR.

Category:  Building Permits
Units:  Percent
Details
Impact: Low
Country:
Currency: ZAR
Latest Release
Previous: -4.6%
Consensus: 1%
Actual: -20.8%
Next Release
Date: Jul 17, 11:00
Time left: 8 days

Forex Sentiment (ZAR)

Symbol Community Trend (Shorts vs Longs) Symbol Popularity Avg. Short Price /
Distance From Price
Avg. Long Price /
Distance From Price
Current Price
USDZAR
17.0268
-7441 pips
18.0185
-2476 pips
17.77092
Symbol Action Percentage Volume Positions
USDZAR Short 24% 0.41 lots 24
Long 76% 1.29 lots 58
0% of traders are currently trading USDZAR.
EURZAR
18.0848
-27559 pips
20.6406
+2001 pips
20.84074
Symbol Action Percentage Volume Positions
EURZAR Short 91% 1.35 lots 61
Long 9% 0.14 lots 3
0% of traders are currently trading EURZAR.
ZARJPY
8.1725
-6 pips
8.0561
+17 pips
8.231
Symbol Action Percentage Volume Positions
ZARJPY Short 53% 1.51 lots 2
Long 47% 1.34 lots 20
0% of traders are currently trading ZARJPY.