01:30 PM BST, United States - Building Permits for March:
- actual 1.458M; forecast 1.514M; previous 1.523M;
- actual -4.3% MoM; previous 2.3% MoM;
01:30 PM BST, United States - Housing Starts for March:
- actual 1.321M; forecast 1.480M; previous 1.549M;:
- actual -14.7% MoM; previous 12.7% MoM;
Worse data than expected surprises the market. After the publication, the dollar index (USDIDX) wiping out the highs from the first part of the day.
Daily summary: Wall Street and gold rebound 📈OIL gains 3.5%
BREAKING: US Existing Home Sales In Line With Expectations 📊Eurozone Consumer Confidence Slightly Higher
BREAKING: Canadian core retail sales well below expectations🚩USDCAD reacts
Economic calendar: US gas inventory data, Canadian retail sales