US Morning Update:

Updated: 2017-02-16 13:30:54

European Markets are in the red after 7 consecutive sessions of gains.

USD profit taking continues.

Today Economic data:

January Housing Starts, 1.25 v  1.22 exp

Building Permits 1.29  v 1.23 exp

Initial jobless claims, 239k   v  245k exp

February Philadelphia Fed business outlook 43.3   v  18 exp (23.6 previous)