US: Focus on housing starts and building permits - TDS

Sandeep Kanihama FXStreet Contributor

In the US, housing starts and building permits are expected to show some recovery in August, and analysts at TD Securities are looking for starts to rise by 6.3% m/m to a 1.242m unit pace (market: 1.238m).

Key Quotes

“The market looks for permits to see a more modest 0.5% increase while the Q2 current account deficit, the only other data release, is seen narrowing sharply to $103.4bn, led by an improvement in the trade deficit.”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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