Gold has ended Wednesday’s US trading session with the highest daily gains in a week. Gold price has edged around $1,867.Gold got the opportunity to cheer US Treasury yields’ heavy pullback that impacted the US Dollar Index (DXY) amid the absence of major catalysts and ongoing inflation.Gold is buyers’ favourite …
Read More »Treasury Yields React To Housing Starts
U.S. Treasury yields briefly inched higher on Wednesday morning, following the October housing starts and building permits report.The yield on the benchmark 10-year Treasury note ticked up less than a basis point to 1.639% at 9:50. The yield on the 30-year Treasury bond edged 1.6 basis points higher to 2.036%. …
Read More »Is housing still U. S. economy’s energizer?
In terms of earnings, which became the language of the market since mid-October, investors in housing-related companies are positive. Shares of retail giants Home Depot (HD) and Lowe’s (LOW) are up 36% and 42% this year respectively and are trading at all time highs. The SPDR S&P Home builders (XHB) …
Read More »US: Housing Starts Decline in September
Housing Starts in the US declined by 1.6% on a monthly basis in September after rising by 1.2% in August, the data published jointly by the US Census Bureau and the US Department of Housing and Urban Development revealed on Tuesday. The Building Permits, which rose by 5.6% in August, …
Read More »US: Housing Starts Rise by 3.9% in August
Housing Starts in the US rose by 3.9% on a monthly basis in August after declining by 7% in July, the data published jointly by the US Census Bureau and the US Department of Housing and Urban Development showed on Tuesday.
Read More »US: Housing Starts Decline by 7% in July
Housing Starts in the US declined by 7% on a monthly basis in July after increasing by 3.5% in June, the data published jointly by the US Census Bureau and the US Department of Housing and Urban Development showed on Wednesday.
Read More »US: Housing Starts Rise by 3.6% in May
Housing Starts in the US rose by 3.6% on a monthly basis in May following April’s drop of 12.1% (revised from -9.5%), the data published jointly by the US Census Bureau and the US Department of Housing and Urban Development showed on Wednesday.
Read More »US: Housing Starts Decline in April
Housing Starts in the US declined by 9.5% on a monthly basis in April following March’s sharp increase of 19.8% (revised from 19.4%), the data published jointly by the US Census Bureau and the US Department of Housing and Urban Development showed on Tuesday. Further details of the publication revealed that …
Read More »U.S. Housing Starts Rise in March
Homebuilding starts in the United States surged during March, reaching their highest level in about 15 years, data by the U.S. Department of Commerce showed on Friday. Housing starts increased by 19.4% last month to reach a seasonally adjusted annual rate of 1.739 million units This is the highest reading …
Read More »U.S. Housing Starts Falls in January
Housing starts in the United States decreased by 6% to a seasonally adjusted annual rate of 1.58 million units in January, data by the U.S. Department of Commerce showed on Thursday. Housing starts declined by 2.3% on an annual basis, as softwood lumber prices surged by a record 73% last …
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