US building has permits for November 1298K vs. 1270K est
- US housing starts 1297K versus 1250K estimate. Prior month revised to 1256K from 1290K
- US building permits 1298K versus 1270K. Prior month was revised to 1316K from 1297K
- housing starts were up by 3.3% vs -3.1% estimate
- building permits fell -1.4% versus estimate of -3.5%
The numbers are suggestive of a market which is trending more to the upside.
The USDJPY is trading at new session highs.
Yields are also trading near highs for the day. The 10 year is back above the 2.40% level and trades at 2.416%.
