April 2018 US housing starts and building permits 16 May 2018

  • Prior 1.319m
  • Building permits 1.352m vs 1.350m exp. Prior 1.379m

Shortages of land and skilled labour are said to be hampering the construction of homes, which is good on one hand, in terms of labour and wages, but not on the overal housing picture. USDJPY has ticked down on the soft numbers but not by much. 110.09 trades from 110.13.

 

Ryan Littlestone

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

Read how Ryan got into trading here
Ryan Littlestone

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