Canadian Housing Starts (Apr) 279.3K vs. Exp. 245K (Prev. 235.9K)
The Canadian housing starts data for April at 279.3K exceeded expectations of 245K and also represents an increase from the previous 235.9K.
US PRE-MARKET MOVERS: AMAT, FIG, BOOT, MICC, DXCM, BW, PZZA, CHRW, AOS
Tata Steel (TATA IS) - Q4 (INR): Net income 29.3bln (exp. 30.77bln)
Canadian Housing Starts (Apr) 279.3K vs. Exp. 245K (Prev. 235.9K)
Allies of Wes Streeting inform Sky News that he intends to stand in any potential future Labour leadership contest
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This stronger-than-expected print suggests a more resilient housing sector, which could indicate robust economic activity and may affect the outlook for monetary policy and interest rates in Canada.
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