US: HOUSING STARTS DECLINE 1.4%, BUILDING PERMITS DROP 1.6% IN DECEMBER19 January 2023, 15:39...من Tiyas

20 Jan 2023, 02:57 · Views 67

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.

إخلاء المسؤولية: الآراء الواردة هنا تعبر فقط عن رأي الكاتب، ولا تمثل الموقف الرسمي لـ Followme. لا تتحمل Followme مسؤولية دقة أو اكتمال أو موثوقية المعلومات المُقدمة، ولا تتحمل مسؤولية أي إجراءات تُتخذ بناءً على المحتوى، ما لم يُنص على ذلك صراحةً كتابيًا.

هل أعجبك هذا المقال؟ عبّر عن امتنانك بإرسال نصيحة للكاتب.

Jet Shook, Killing Dana Hyde, After Pilots Shut Off Key System, Report Says. Dana Hyde sustained fatal injuries during the flight in New England after pilots turned off a switch that controls a stabilizer function in the aircraft, a preliminary report said.

Tiyas

Goldman Sachs says generative A.I. could impact 300 million jobs — here's which ones. Artificial intelligence could automate up to a quarter of work in the U.S., a Goldman Sachs report says. Here's the most affected sectors and countries.

Tiyas

Sam Bankman-Fried paid over $40 million to bribe at least one official in China, DOJ alleges in new indictment. FTX co-founder Sam Bankman-Fried paid over $40 million in bribes to at least one Chinese government official, federal prosecutors alleged in a new indictment.

Tiyas