- United States Housing Data (December):
-
Building Permits - Actual: 1.483M vs Forecast: 1.460M vs Previous: 1.493M
-
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.
💶Eurozone Industry: A Fragile Recovery Masking Stagflationary Risks
Economic Calendar: PMI data in the spotlight; this week’s corporate calendar ⬇️
Morning Wrap: Will Project Freedom Bring Further Relief to the Markets❓ (04.05.2026)
🔴 ISM Index Shows Troubling Signs, But Market Thrives on De-escalation Hopes