MNI China Daily Summary: Thursday, July 25

MNI BRIEF: Japan Govt Keeps Econ View, Cuts Exports

MNI: PBOC Conducts CNY200 Bln via MLF Thurs; Rate Cut

MNI: PBOC Sets Yuan Parity Lower At 7.1321 Thurs; -1.92% Y/Y

CHINA PBOC CONDUCTS CNY235.1 BILLION VIA 7-DAY REVERSE REPOS THURS

CHINA SETS YUAN CENTRAL PARITY AT 7.1321 THURS VS 7.1358

Aircraft-Led Durables Collapse Masks Rebound In Core Orders

MNI: BELGIUM JUL BNB BUSINESS SURVEY -12.3

MNI: US Q2 GDP +2.8%

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

April housing starts -3.7% to 1.287m SAAR,..>

US DATA
US DATA: April housing starts -3.7% to 1.287m SAAR, below the 1.313m 
rate expected. The March pace was rev up to 1.336m from the originally 
reported 1.319m pace, while Feb was rev down slightly to 1.290m. Annual 
revisions were included in the data.
- Starts were down in the Northeast, Midwest, and West regions, but 
posted a 6.4% rise in the large South region. 1-family starts +0.1%, 
but multi-family starts -11.3%. 
- Building permits -1.8% to 1.352m SAAR vs 1.350m expected, with 
1-family permits +0.9% and multi-family -6.3%. Homes permitted but not 
started +1.9%, suggesting starts could rebound next month.
- April starts and permits were below their 1Q averages, but could 
improve as 2Q progresses.
- Homes under construction flat, while completions +2.8%, a positive for 
new home supply.
Energy BulletsCommodities
Energy BulletsCommodities
To read the full story
Close
Why MNI
MNI is the leading provider
 of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.