US: Housing data in the limelight - TDS

Sandeep Kanihama FXStreet Contributor

Analysts at TD Securities suggest that the US housing starts are expected to advance mildly in May, rising 0.4% m/m to 1,240k.

Key Quotes

“This would mark the third consecutive monthly increase for the series and its highest level since January. Similarly, building permits should have picked up modestly (+0.2% m/m) to 1,293k during the month.”

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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