XE Market Analysis: U.S. Housing Market Shows Further Signs of Slowing

OVERVIEW U.S. housing starts fell 5.5% and building permits fell 4.9% last month. U.S. consumer sentiment dipped in June with the Uni Michigan index dropping from 97.1 to 94.5. Bank of Japan keeps interest rates on hold and rules out from an early exit from its stimulus due to weak inflation. Eurozone inflation data confirmed headline CPI slowed to 1.4% in May and the core rate was just 1%. Greece and its creditors have finally reached an agreement to enable it to receive the next tranche of €8.5bn in loans.

Source: XE news feed
XE Market Analysis: U.S. Housing Market Shows Further Signs of Slowing