Housing starts fell 10.6% in October versus a rise of 1.9% in September.
CPI was a bit higher than forecast, at +0.3% at the headline level and 0.2% at the core level. Inflation fell 0.2% versus a year go while ex-food and energy they rose 1.7%.
Stock markets were disappointed by the starts number and EUR/USD has dipped to 1.4940. Bids are seen down through 1.4930s. Traders report sales from a North Asian and a South Asian central banks today.
