NFP results: USD/JPY up, gold down
Today's NFP brought us some strong data - how did Forex react?
American apartment vacancy rate soars moderately in the third quarter
The US apartment vacancy rate tacked on marginally during the third quarter versus the second. That’s what a report from Reis Inc revealed.
The vacancy rates went up in 50 of 79 metros as many financial experts saw high construction, which surpassed demand, as the real estate research company informed.
Additionally, the national vacancy rate ascended moderately from 4.4% to 4.5% during the third quarter, as Reis unveiled.
As for asking rent, it rallied 1%, while effective rent added 0.9%. Year-over-year they leapt respectively 3.8% and 3.3%, as the report states.
Total inventory is still believed to inch up considerably this year and in 2018.
By the way, in the third quarter, with up to 47,271 units, construction turned to be lower than expected again, as the company disclosed.
New construction demonstrated 47,271 units, sliding from 51,925 units reached in 2016 and also down from 51,804 units demonstrated in the second quarter.
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NFP results: USD/JPY up, gold down
Today's NFP brought us some strong data - how did Forex react?
NFP forecasts from 10 major banks
Today is the big day! Investors are waiting for NFP at 15:30 MT time.
Main market news on June 5
EUR skyrocketed after the ECB statement ,stocks keep rallying, gold froze ahead of NFP
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