At first glance, the latest US housing starts report looks solid. Privately-owned housing starts jumped 7 percent from February to March. The March figure of 1.036m units was the first above 1 million in five years.
A look under the hood, however, reveals that the headline figure was lifted by multi-family units. The…Continue
Today's US unemployment insurance weekly claims report could attract some attention. So-called initial claims have jumped over the past two weeks (highlighted in yellow on the graph below).
The consensus forecast for today's report is 362,000. Another high figure could add momentum to today's…Continue