US Building Permits MoM Final (Jan) M/M -4.7% (Prev. 4.8%)

Newsquawk StaffPublished
Newsquawk headlinesUTC

Every headline is on the live feed 20 minutes before this site.

US Treasury Secretary Bessent says US is not attacking Iran's energy infrastructure; we have allowed Iran oil to continue out of the Gulf, via Fox Business Interview; US may unsanction Iranian oil on the water in the coming days

[MARKET UPDATE] Markets see a modest hawkish reaction (stocks, bonds, precious metals down) as another G10 central bank tilts more hawkish amid the energy shock from the Iranian war

US Building Permits MoM Final (Jan) M/M -4.7% (Prev. 4.8%)

Uber (UBER) to invest up to USD 1.25bln in Rivian (RIVN) through 2031, subject to achievement of autonomous performance milestones; Rivian R2 robotaxis to be exclusive to Uber in 25 cities

[WATCH LIVE] US Secretary of War Hegseth and Gen. Caine to hold a Press Briefing at the Pentagon

On the Newsquawk feed at , 20 minutes before this page.

Use the PlatformFree. No signup, no card.

Context

The US building permits data shows a notable decline of 4.7% month-over-month, a significant shift from the previous positive reading of 4.8%. This downturn might indicate weakening demand in the housing sector, which could have implications for construction activity and overall economic growth. Traders should watch how this impacts sentiment around interest rates and housing-related equities.

Related headlines

The feed had this first.

Use the Platform