US housing data up next: New Homes Sales - Nomura
|Analysts at TD Securities highlighted the next key data point for the dollar - considering the FOMC's take on the housing market in the US seen as a risk.
Key Quotes:
"New home sales are expected by the market to rebound by 2.2% m/m to a 645k pace in July after suffering a sharp decline in the prior month."
"FHFA home prices for June will be released at 9:00 ET with consensus looking for a 0.3% m/m increase, while initial jobless claims round out the data calendar (market: 215k)."
"Lastly, the Kansas City Fed will release the full schedule for the upcoming Jackson Hole Symposium at 20:00 ET."
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.