01:30 PM BST, United States - Building Permits for May:
- actual -2.0% MoM; previous -4.0% MoM;
- actual 1.393M; forecast 1.420M; previous 1.422M;
01:30 PM BST, United States - Housing Starts for May:
- actual -9.8% MoM; previous 2.7% MoM;
- actual 1.256M; forecast 1.350M; previous 1.392M;
01:30 PM BST, United States - Employment Data:
- Initial Jobless Claims: actual 245K; forecast 246K; previous 250K;
- Jobless Claims 4-Week Avg.: actual 245.50K; previous 240.75K;
- Continuing Jobless Claims: actual 1,945K; forecast 1,940K; previous 1,951K;
The US housing market remains weak, with housing starts at their lowest since 2020 and permits below expectations. Despite lower mortgage rates, demand hasn’t improved, and homebuilder sentiment is near crisis-era lows.
πΌ JP225 gains 2%
Economic Calendar: What are markets focusing on after NFP? (03.07.2026)
Morning Wrap: Asia in the green β is optimism returning to the markets? (03.07.2026)
Daily summary: Gold surges 2%, Nasdaq drags down sentiments on Wall Street