Housing starts. USA, 15:30 (GMT+2) 16 Feb

16Feb.202414:30

Housing starts. USA, 15:30 (GMT+2)

At 15:30 (GMT+2) in the United States, January data on the number of new houses, the construction of which began in the reporting month, will be presented. This indicator is one of the most important indicators of the American construction market. The value is predicted to increase from 1.460M to 1.470M, supporting the American dollar.

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16 Feb. 2024 14:30

Producer price index. USA, 15:30 (GMT+2)

At 15:30 (GMT+2), January data on the US producer price index will be published. The indicator reflects changes in the price of goods at the wholesale level (raw materials, semi-finished products, and final goods are taken into account). Increasing prices for producers contributes to the growth of consumer inflation in the region. It is expected that the values will change from –0.2% to 0.1% MoM and from 0.1% to 0.7% YoY, while the core rate from 1.8% to 1.6% YoY and from −0.1% to 0.1% YoY.

16 Feb. 2024 16:00

Michigan consumer sentiment. USA, 17:00 (GMT+2)

At 17:00 (GMT+2), the US will publish February data on changes in the consumer confidence index from the University of Michigan. The indicator is calculated monthly based on a telephone survey of at least 500 American households and records consumer spending that is part of economic activity. A correction from 79.0 points to 79.9 points is predicted, supporting the American dollar.

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