US: Focus on housing data this week – Natixis

Sandeep Kanihama FXStreet Contributor

In the United States, analysts at Natixis expect existing home sales to decline slightly in February (-1.9% to 5.58M units annualized), in line with the recent dynamic of pending home sales.

Key Quotes

“However, new homes sales should remain more or less stable during the same month (+0.2% to 556K units annualized). Meanwhile, we expect transportation orders to support the headline of durable goods orders (expected at +1.2% MoM). Excluding transportation, we expect a slower increase (+0.6%).”

Author

Sandeep Kanihama

FXStreet Contributor

Sandeep Kanihama is an FX Editor and Analyst with FXstreet having principally focus area on Asia and European markets with commodity, currency and equities coverage. He is stationed in the Indian capital city of Delhi.

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