September 2017 US housing starts and building permits 18 October 2017

  • Prior 1.180m. Revised to 1.183m
  • Building permits 1.215m vs 1.250m exp. Prior 1.272m.

Three guesses what’s getting the blame for the drop in starts? The south was worst hit.

US housing starts details 18 10 2017

US housing starts details 18 10 2017

No real reaction in the dollar.

Also out;

  • August 2017 Canadian manufacturing sales 1.6% vs -0.1% exp m/m. Prior -2.6%

That’s given the CAD a lift to 1.2498 from 1.2525.

Ryan Littlestone

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