News
Financial markets might be volatile as we go into the week of January 13–17, 2025, due to a number of expected economic data releases, company earnings reports, and geopolitical events. Key levels in major indexes, commodities, and currencies are being actively watched by investors, and incoming developments are likely to cause a shift in market mood.
Friday (January 17, 2025):
- Building Permits: Building permits, projected at 1.505 million, indicate a slight monthly increase. Higher-than-expected figures signal a strong housing market and future construction, benefiting the currency.
- Housing Starts: Housing starts, projected at 1.33 million, reflect the annualized number of new residential projects. Higher-than-expected results indicate a stronger housing market and economic health, benefiting the currency.
- Capacity Utilization Rate: Capacity utilization, projected at 77.0%, measures resource use in utilities, mining, and manufacturing. Higher-than-expected results benefit the currency and signal potential consumer inflation as businesses near full capacity.
- Industrial Production m/m: Industrial production, projected to rise by 0.3%, reflects inflation-adjusted output from utilities, mining, and factories. Higher-than-expected results benefit the currency and indicate economic health, closely tied to employment and income trends.