- US: Housing Starts decline 1.4%, Building Permits drop 1.6% in December
Noticias del mercado
19 enero 2023
US: Housing Starts decline 1.4%, Building Permits drop 1.6% in December
- Housing Starts and Building Permits in the US declined in December.
- The US Dollar Index stays on the defensive around the 102.00 mark.
The monthly data published by the US Census Bureau revealed on Thursday showed that Housing Starts declined by 1.4% on a monthly basis in December following November’s 1.8% drop.
In the same period, Building Permits fell by 1.6% as compared to the 10.6% fall recorded in November.
Market reaction
The data does little to impress the US Dollar bulls amid growing acceptance that the Fed will soften its hawkish stance and rising bets for a smaller 25 bps rate hike in February.
Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimerAbrir cuenta demo y página personal