Economic Data

Todays Economic Data is Important,
Considerablly Housing Starts is one of the Important
Housing starts data has a strong effect on the bond market and predictions for interest rate movementsAs interest rates rise it is expected that housing starts will decline.

The PPI is another important indicator which investors pay close attention to. It is not as strong as the CPI in detecting inflation, but because it includes goods being produced it is often a forecast of future CPI releases