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US single-family housing starts rise in May; permits slump
WASHINGTON, June 18 (Reuters) - U.S. single-family homebuilding increased in May, but a sharp drop in permits for future construction pointed to subdued housing market conditions amid headwinds from tariffs and excess inventory of unsold homes. Single-family housing starts, which account for ...Reuters
Wed, Jun 18
US: Initial Jobless Claims dropped to 245K last week
US citizens filing new applications for unemployment insurance dropped to 245K for the week ending June 14, as reported by the US Department of Labor (DOL) on Thursday. This print matched initial estimates and came in below the previous week's revised tally of 250K (revised from 248K).
Fxstreet
Wed, Jun 18
US weekly jobless claims fall, but still elevated
WASHINGTON, June 18 (Reuters) - The number of Americans filing new applications for unemployment benefits fell last week, but stayed at levels consistent with a further loss of labor market momentum in June. Initial claims for state unemployment benefits dropped 5,000 to a seasonally adjusted...Reuters
Wed, Jun 18
Mexico Q1 private spending down 0.4% from previous quarter
MEXICO CITY, June 18 (Reuters) - Mexican private spending fell 0.4% during the first quarter compared with the previous three-month period, the national statistics agency said on Wednesday.Private spending was 0.6% lower than during the same period a year earlier.Aggregate demand declined 1.1% from ...Reuters
Wed, Jun 18
EXCLUSIVE-Indian refiners cancel palm oil orders for July-Sept as prices surge
By Rajendra Jadhav MUMBAI, June 18 (Reuters) - Indian refiners cancelled orders for 65,000 metric tons of crude palm oil (CPO) scheduled for delivery from July to September following a sudden surge in benchmark Malaysian prices, four trade sources told Reuters.Refiners in the world's largest ...Reuters
Wed, Jun 18
FOMC meeting: Probably only exciting in case of a declaration of war – Commerzbank
At least as far as the key interest rate is concerned, today's FOMC meeting is unlikely to be particularly exciting, as it is widely expected that the Fed will leave the interest rate corridor unchanged at 4.25-4.50%.Fxstreet
Wed, Jun 18
