The US economy shows strength with Building Permits data exceeding expectations, signaling positive outlook for construction sector and economic growth. This could lead to a bullish effect on the US dollar in forex markets and a rally in shares, especially in construction-related industries. Bond prices may face pressure as investors shift focus to riskier assets like stocks. Looking ahead, a positive forecast for the US dollar is expected, with potential for Fed tightening and global central banks adjusting policies in response. Stay tuned for more economic indicators and central bank actions for market trends.
The US economy continues to show signs of strength as the latest data on Building Permits has exceed...Subscribe to access the full content