US Building Permits MoM Final (Dec) M/M 4.8% (Prev. -1.6%)

The 4.8% increase in US building permits for December signals a robust rebound from the previous month's decline of 1.6%.

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US Building Permits MoM Final (Dec) M/M 4.8% (Prev. -1.6%)

No companies are poised to sell US investment-grade bonds today, but dealers expect about USD 50bln of high-grade issuance next week, according to Bloomberg citing a survey

PRIMER: US PCE and GDP due at 13:30GMT/08:30EST

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This shift suggests potential strengthening in the housing market, which may influence economic growth expectations and provide a more favorable outlook for related sectors like construction and materials.

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