Canada Housing Starts s.a (YoY) registered at 238K, below expectations (263.3K) in January

Eurozone: Industrial recovery seen holding up – ING

ING’s Chief Economist Peter Vanden Houte notes that Eurozone industrial production declined in December but still showed annual growth, and argues that the cyclical recovery should continue.
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Natural gas: Weaker European outlook with LNG wave – Societe Generale

Societe Generale analysts Michael Haigh, Ben Hoff and Jeremy Sellem describe how Winter storm Fern briefly pushed US gas futures above $7/MMBtu before prices fell below $3/MMBtu as storage stayed near the ten‑year average.
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