US Housing Starts (Dec) 1.404 vs. Exp. 1.33
Newsquawk Staff ·
US Housing Starts (Dec) 1.404 vs. Exp. 1.33.
What it means
The December U.S. housing starts figure of 1.404 million is a notable beat against expectations of 1.33 million, suggesting stronger construction activity than anticipated. This could imply greater resilience in the housing market, potentially impacting growth outlooks and influencing policy considerations for the Fed, particularly regarding interest rates and inflation dynamics.
- BoC Deputy Governor Rogers says uncertainty over the economy is hanging over the Canadian housing market
- Atlanta Fed GDPNow (Q3) 3.3% (prev. 3.4%)
- BoC Governor Macklem says Canada is seeing increased investment in the energy sector; policy rate remains low enough not to restrain economic growth, even after the latest hike
- BoC hikes rates by 25bps as expected to 2.5%; says there could be a need to increase the policy rate further, but given uncertainties, Governing Council agreed to proceed carefully
- Newsquawk European Market Wrap - 27th October 2026
Related headlines
- Canadian BoC Interest Rate Decision 2.5% vs. Exp. 2.5% (Prev. 2.25%)1 hour ago
- [MARKET UPDATE] Limited Gilt reaction on the Chancellor's speech. Upside in Gilts on the DMO remit, size as expected and marked skew away from long-end. OBR commentary then pared some of this.1 hour ago
- UK DMO says gross gilt issuance planned for 2026/27 is GBP 250.6bln (exp. 249.6bln, prev. 246.2bln in April remit)1 hour ago
- UK Chancellor Healey announces new measure on housing; will provide additionally GBP 1.5bln for social and affordable housing programme1 hour ago
- Ukrainian President Zelensky says negotiations between Ukraine, Russia and the US could take place as early as November 10th2 hours ago
- Satellite imagery indicates significant damage to the main refining unit at Saudi Arabia's Ras Tanura (550k BPD) refinery following a strike by Yemeni armed forces, leaving the unit inoperable, Fars reports2 hours ago
- UK Chancellor Healey says budget will be based on fiscal discipline2 hours ago
- UKMTO says it has received reports of suspicious activity potentially linked to piracy in the Gulf of Aden3 hours ago
- Phillips 66 (PSX) Q3 2026 (USD): Adj. EPS 14.08 (exp. 11.73)4 hours ago
- UK bank tax hike will reportedly be temporary, with surcharge less than 8%, according to Bloomberg citing sources4 hours ago
- Germany sells EUR 3.89bln (exp. 5.5bln) 2036 Bund: b/c 1.15x (prev. 1.16x), average yield 3.37% (prev. 3.58%), retention 29.3% (prev. 24.1%)4 hours ago
- Qatar has not presented a new proposal to end hostilities between Iran and the US, Reuters reports, citing a senior Iranian official; Tehran's policy of showing no flexibility over the nuclear issue remains unchanged5 hours ago
- Reports of a Yemeni attack targeting Saudi forces in Aden5 hours ago
- Qatari mediators present Iran with a new draft deal in Tehran on Sunday, with Iran considering the proposal and a response expected by the end of the week, Reuters reports; Several countries would act as guarantors of the deal7 hours ago
- Ukrainian President Zelensky says Ukraine will not attack Russian ships carrying diesel for the US7 hours ago