- United States Housing Data (December):
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Building Permits - Actual: 1.483M vs Forecast: 1.460M vs Previous: 1.493M
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Housing Starts - Actual: 1.499M vs Forecast: Forecast: 1.330M vs Previous: 1.289M
EURUSUD did not overreact, even though home construction starts surprised with a slightly higher reading, which may indicate greater strength in the US consusment and thus reduce the cinch for a dovish Fed.
Economic calendar: German CPI and Canadian GDP in focus
BREAKING: Swiss GDP data weaker than expected 📌Spanish CPI above forecats
Consumer spending rises in France; inflation prelim declines📋
EURNOK muted after weak Germany retail sales and Norwegian unemployment