About: davin
Recent Posts by davin
US Building Permits Beat Forecast in April, Strengthening Housing Outlook and Clouding Fed Rate-Cut Path

US building permits rose to 1.442M in April, beating the 1.39M forecast by 0.052M month-on-month.
Written on May 21, 2026 at 11:49 pm
Categories: Live Updates
Tags: Policy
US housing starts beat forecasts, bolstering higher-for-longer rate bets and supporting equities and homebuilders

U.S. housing starts climbed to 1.465 million in April, beating the 1.41 million forecast, month-over-month.
Written on May 21, 2026 at 11:19 pm
Categories: Live Updates
Tags: Indices
US jobless claims average slips to 202,500, clouding Fed rate-cut expectations amid low volatility

US four-week average initial jobless claims fell to 202.5K in week ending May 15, down 1.25K.
Written on May 21, 2026 at 11:19 pm
Categories: Live Updates
Tags: Policy
Sterling and gilts rally as fiscal fears fade and softer inflation delays Bank Rate rise

Pound and gilts rebounded as inflation worries eased; Burnham backs fiscal rules; BoE hike expectations delayed. Risks remain.
Written on May 21, 2026 at 10:19 pm
Categories: Live Updates
Tags: Pound
Australian dollar slides on risk-off Iran shift and weak jobs data, fuelling AUD/USD downside hedges
Australian Dollar slips to 0.7130 as risk-off sentiment and weak April jobs data pressure markets.
Written on May 21, 2026 at 10:19 pm
Categories: Live Updates
Tags: Aussie
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