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AUSSIE 10-YEAR TECHS

(Z1) Off Lows, But Remains Weak

USDCAD TECHS

Still Vulnerable

AUDUSD TECHS

Bullish Price Sequence

Release for: February 2018
Source: U.S. Commerce Department
Thousands of units, seasonally adjusted
*Calculations by MNI
                                             yr-ago % chg mo/mo:   % chg
                         Feb-18 Jan-18 Dec-17 Feb-17 Feb-18 Jan-18  y/y:
Housing starts             1236   1329   1207   1288   -7.0   10.1   -4.0
  (previous)                --    1326   1209    --     --     --     --
  Single-family             902    877    847    877    2.9    3.5    2.9
    1-fam % of total       73.0   66.0   70.2   68.1    --     --     --
  Total multi-family*       334    452    360    411  -26.1   25.6  -18.7
    multi-fam % of total   27.0   34.0   29.8   31.9    --     --     --
  Northeast                 109    113     88    111   -3.5   28.4   -1.8
  Midwest                   155    144    170    182    7.6  -15.3  -14.8
  South                     633    683    594    658   -7.3   15.0   -3.8
  West                      339    389    355    337  -12.9    9.6    0.6
Housing starts (unadj)     85.9   90.2   81.4   87.8   -4.8   10.8   -2.2
Building permits           1298   1377   1300   1219   -5.7    5.9    6.5
  Single-family             872    877    881    834   -0.6   -0.5    4.6
    1-fam % of total       67.2   63.7   67.8   68.4    --     --     --
  Total multi-family*       426    500    419    385  -14.8   19.3   10.6
    multi-fam % of total   32.8   36.3   32.2   31.6    --     --     --
  Northeast                 133    118    148    117   12.7  -20.3   13.7
  Midwest                   184    178    214    247    3.4  -16.8  -25.5
  South                     614    701    579    585  -12.4   21.1    5.0
  West                      367    380    359    270   -3.4    5.8   35.9
Building permits (unadj)   90.5   96.7   93.1   84.8   -6.4    3.9    6.7
Completions                1319   1224   1197   1161    7.8    2.3   13.6
  Single-family             895    869    838    763    3.0    3.7   17.3
    1-fam % of total       67.9   71.0   70.0   65.7    --     --     --
  Total multi-family*       424    355    359    398   19.4   -1.1    6.5
    multi-fam % of total   32.1   29.0   30.0   34.3    --     --     --
Completions (unadj)        91.1   84.2  113.4   78.9    8.2  -25.7   15.5
Homes Not Started           159    162    159    135   -1.9    1.9   17.8
Homes Under Construction   1115   1114   1108   1080    0.1    0.5    3.2
  ** MNI Washington Bureau (202) 371-2121 **
[TOPICS: MAUDA$,MAUH0$]