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: -8.1%
Consensus: -12%
Actual: -7.8%
Next Release
Date: Jun 20, 11:00
Time left: 27 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
17.7112
-7399 pips
18.0128
+4383 pips
18.45110
Symbol Action Percentage Volume Positions
USDZAR Short 58% 2.23 lots 40
Long 42% 1.62 lots 15
0% of traders are currently trading USDZAR.
EURZAR
18.3856
-15733 pips
19.8059
+1530 pips
19.95888
Symbol Action Percentage Volume Positions
EURZAR Short 98% 4.13 lots 297
Long 2% 0.08 lots 7
0% of traders are currently trading EURZAR.
ZARJPY
0
-850 pips
8.1952
+31 pips
8.504
Symbol Action Percentage Volume Positions
ZARJPY Short 0% 0.00 lots 0
Long 100% 0.35 lots 9
0% of traders are currently trading ZARJPY.