01:30 PM BST, United States - Housing Starts for July:
-
actual 1.428M; forecast 1.290M; previous 1.358M;
01:30 PM BST, United States - Housing Starts for July:
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile app-
actual 5.2% MoM; previous 5.9% MoM;
01:30 PM BST, United States - Building Permits for July:
-
actual 1.354M; forecast 1.390M; previous 1.393M;
01:30 PM BST, United States - Building Permits for July:
-
actual -2.8% MoM; previous -0.1% MoM;
Housing starts exceeded market expectations for the second consecutive month, reaching their highest level since March. This recovery can be seen as a positive signal for the health of US consumers, as stronger housing construction helps offset the recent rise in renting activity. However, elevated property prices and high interest rates continue to weigh on homeownership prospects. EURUSD briefly tested EMA100 on M30 interval, though it struggles to extend declines below it.
Source: xStation5
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
