- Prior 1.091m. Revised to 1.107m
- Building permits 0.986m vs 1.015m exp. Prior 1.017m.
Starts post biggest drop since April last year
USD/JPY goes offered and falls to 104.32 while EUR/USD arrests the falls at 1.3565 and rises up to 1.3576
US housing starts 17 01 2014
Yet more signs that the effervescent US housing market maybe looking to top out. The midwest saw the biggest falls in starts and permits down 33.5% and 18.8% respectively.
