Daily Reading – November 17, 2010
Todays interesting posts and stories…
Archive for November 17th, 2010
U.S. Housing Starts Rose 11.7%; Number Of Building Permits Issued In The U.S. Rose 0.5%
U.S. housing starts in October fell 11.7% to 519.000 vs. revised (10.000 lower) 588.000 September reading. The consensus was at 598.000. On year level U.S. housing starts are down 1.9%…
U.S. Consumer Price Index Rose 0.2% In October
U.S. consumer price index rose 0.2% in October vs. 0.3% consensus and September reading of 0.1%. On year level CPI inflation is running at 1.2%…
MBA Mortgage Applications Down 14.4%
MBA mortgage applications fell 14.4%; Prior reading was an increase of 5.8%; On year level MBA Basic Index is up 13.4%…
Ireland Opens Bank Books; Ready To Receive Bailout If Problems Are Too Big
It appears that Ireland is moving closer toward some kind of bailout. It is clear that Irish government want to keep some kind of fiscal independence and shift the focus toward bank problems, not country problems…
Gavyn Davies: Europe Must Compromise To Solve Its Debt Crisis
This is the absolute truth. Indecisive politicians and lack of leadership are two most significant EU problems…