US Building Permits Final (Feb) 1.538M (Prev. 1.386M)
The increase in US building permits from a prior reading of 1.386 million to 1.538 million suggests a stronger than expected demand for housing development.
US DoW Secretary Hegseth says Project Freedom is separate from Epic Fury, it is temporary; US aims to protect shipping from Iranian aggression. We are not looking for a fight, Iran is the clear aggressor
US BROKER MOVES: UFPI upgraded at BMO; RBLX downgraded at Piper Sandler
US Building Permits Final (Feb) 1.538M (Prev. 1.386M)
UK Government Spokesperson says Chancellor Reeves and US Treasury Secretary Bessent have a good relationship; had constructive talks since US visit
US embassy renews its call for its citizens to leave Iraq, Iranian-backed factions are planning to attack Americans in Iraq, via Al Hadath
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This uptick could signal confidence in the construction sector, which may influence economic growth projections and inform policy discussions around interest rates as stable housing activity is crucial for the broader economy.
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