US: Housing and consumer confidence data in focus - TDS

Sandeep Kanihama FXStreet Contributor

According to analysts at TD Securities, US housing starts are expected to have given back some of the strength behind January's 18.6% m/m pop, with the market projecting a 0.9% m/m decline for February.

Key Quotes

“Single-family housing starts were the main driver of the increase following several months with consecutive declines.”

“Moreover, the Richmond Fed manufacturing survey is expected to show a decline in March following two increases to start the year, while the Conference Board's consumer confidence index is projected to continue to build on its recent rebound after the sour end to the year.”

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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