May 16, 2025 a 07:00 pm
🗣️ Economic Interpretation:
- The decline in Michigan Consumer Sentiment indicates lower consumer confidence, potentially affecting consumer spending negatively.
- The drop in building permits signals a contraction in future construction activity, which may dampen economic growth.
- The increase in housing starts suggests some resilience in the housing market, which could mitigate the negative impacts from other indicators.
📈 Currency Impact:
- These mixed results may initially pressurize the USD, with negative sentiment and building data overshadowing the slight positive in housing starts. Market reactions depend on how traders weigh these statistics.
📊 Today's Important Key Figures
Today's release of key economic figures presents a mixed outlook for the US economy. The decline in consumer sentiment and building permits suggests potential weakening in economic confidence and construction activities, while housing starts show a slight increase. These indicators, particularly with high impacts, can influence the USD's performance in international markets.
💵 USD - United States Dollar
| Event | Date (NY) | Previous | Actual | Estimate | Change | Impact |
|---|---|---|---|---|---|---|
| Michigan Consumer Sentiment (May) | 2025-05-16 14:00:00 | 52.2 | 50.8 | 53.4 | -1.4 | High |
| Building Permits (Apr) | 2025-05-16 12:30:00 | 1.481M | 1.412M | 1.45M | -0.069M | High |
| Housing Starts (Apr) | 2025-05-16 12:30:00 | 1.339M | 1.361M | 1.37M | 0.022M | High |
🔚 Conclusion
The overall impression from today's figures is that they are more burdensome to the US Dollar. Despite the slight rise in housing starts, the greater negative changes in consumer sentiment and building permits suggest caution in the economic outlook.