- Data concerning Housing Starts in June reported an improvement of 3%, amounting to 1.35 million units.
- According to the data unveiled by the US Census Bureau on Tuesday, this figure follows a decrease of 4.6% recorded in May.
- Building Permits showed a surge of 3.4% after a decline of 2.8% in the previous month.
- Thomas Barkin, the Richmond Federal Reserve President, suggested that the discussion at the July policy meeting will likely include whether it is still apt to describe inflation as elevated, as reported by Reuters.
- As per the CME FedWatch Tool, a rate cut in September seems to be priced in which pressured the USD down.
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