US Housing Starts (Feb) 1.356M vs. Exp. 1.4M (Prev. 1.487M, Low. 1.310M, High. 1.488M)
The February Housing Starts figure of 1.356 million underperformed relative to expectations of 1.4 million and is also a decline from the previous month's 1.487 million.
Diageo (DGE LN) CEO says they intend to streamline the group, Bloomberg reports
Israeli PM Netanyahu is to visit the US next week for a meeting with US President Trump, Al Arabiya reports
US Housing Starts (Feb) 1.356M vs. Exp. 1.4M (Prev. 1.487M, Low. 1.310M, High. 1.488M)
IAEA's Grossi says they want to inspect the Iranian facilities where nuclear materials are stored. Discussed with Russia and others the possibility of sending the highly enriched uranium out of the country. Such material must not remain in Iran.
White House official says US President Trump met energy executives Tuesday, discussed domestic production, Venezuela, oil futures, natural gas, and shipping
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This miss may point to a slowing housing market, which could influence perceptions around economic growth and potentially affect monetary policy discussion, especially as it contradicts the usual seasonal upticks in construction activity.
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