2:33 PM · 19 November 2024

BRAKING: US housing market data below expectations

01:30 PM GMT, United States - Housing Starts for October:

actual -3.1% MoM; previous -1.9% MoM;
actual 1.311M; forecast 1.340M; previous 1.353M;

Building Permits for October:

actual 1.416M; forecast 1.440M; previous 1.425M;
actual -0.6% MoM; previous -3.1% MoM;

USD continues to weaken after the housing market data. It is approaching resistance at 1.05857.

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What to expect from economic data and corporate earnings this week ❓

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