1:33 PM · 19 November 2024

BRAKING: US housing market data below expectations

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01:30 PM GMT, United States - Housing Starts for October:

actual -3.1% MoM; previous -1.9% MoM;
actual 1.311M; forecast 1.340M; previous 1.353M;

Building Permits for October:

actual 1.416M; forecast 1.440M; previous 1.425M;
actual -0.6% MoM; previous -3.1% MoM;

USD continues to weaken after the housing market data. It is approaching resistance at 1.05857.

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Daily summary: Weak US data drags markets down, precious metals under pressure again!

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