US housing market data for February was released today at 12:30 pm GMT. Report was expected to show a small increase in building permits compared to January as well as a big jump in housing starts, thanks to a relatively warmer weather.
Actual data turned out to be even stronger than expected with housing starts surging 10.7% MoM and buildings permits growing 1.9% MoM. However, in spite of this strong data, USD weakened with EURUSD moving slightly higher.
إبدأ بالإستثمار اليوم أو تدرّب على حساب تجريبي
إنشاء حساب حساب تجريبي تحميل تطبيق الجوال تحميل تطبيق الجوالUS, housing market data for February
- Building permits: 1518k vs 1500k expected (1489k previously)
- Building permits growth: 1.9% MoM vs 0.5% MoM expected (-0.3% MoM previously)
- Housing starts: 1521k vs 1435k expected (1331k previously)
- Housing starts growth: 10.7% MoM vs 8.2% MoM (-14.8% MoM previously)
Source: xStation5
