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US: Focus on housing starts data – TDS

According to analysts at TD Securities US housing starts is going to be the key economic release for today’s US session.

Key Quotes

“Housing starts are expected to see a modest recovery in October with the market consensus predicting a 1.8% increase to a 1.225m pace while permits are projected to edge lower by 0.8% m/m to 1.26m units.”

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