US Oct building permits revised up to 7.4% from 5.9%

US Oct building permits revision just out 28 Nov
– annual rate revised up to 1.316mln from 1.297mln
Good news from the US housing sector.
USD demand continuing with GBPUSD now posting lows of 1.3273, EURUSD 1.1880 but JPY and CHF demand too with USDJPY…

Germany Dec GFK consumer confidence 10.7 as expected

German Dec GFK consumer confidence data now out 28 Nov
– 10.7 prev
Ntg to see here
The Gfk German Consumer Climate Index measures the level of consumer confidence in economic activity. The data is compiled from a survey of about 2,000 consumers which a…

Egypt scraps foreign currency caps on goods importers