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US August housing starts 1.275m vs 1.309m expected

Prior was 1.239m Prior starts were -12.4% Building permits 1.394m vs 1.410m expected Prior permits 1.433m US housing starts fell 2.6% and permits were lower by 2.7% as the pain in the US housing market continues. US 30-year mortgage rates are now about 7% so there's no help coming but with the Fed showing that it's serious about inflation, there might be some relief on the other side of the Iran…

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US September Philly Fed business index +37.8 vs +30.5 expected

Prior was +47.4 Details: New orders 29.2 versus 30.1 last month Shipments 27.7 versus 27.7 last month Unfilled orders 20.4 versus 14.4 last month Delivery times 26.5 versus 3.7 last month Inventories -12.5 versus -3.7 last month Prices paid 48.6 versus 40.9 last month Prices received 31.3 versus 17.7 last month Number of employees 11.8 versus 27.9 last month Average employee workweek 18.0 versus…

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US initial jobless claims come in at 196K vs 208K estimate

US jobless claims for the week ending September 12: Initial jobless claims: 196K vs 208K expected. Prior 206K Four-week average of initial claims: 203.25K vs 206K previously Continuing claims: 1.730M vs 1.780M expected. Prior revised to 1.769M from 1.774M Four-week average of continuing claims: 1.761M vs 1.778M previously Insured unemployment rate: 1.1% vs 1.2% previously US initial jobless…

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