US: Housing starts in focus – TDS

Sandeep Kanihama FXStreet Contributor

Analysts at TDS suggest that the consensus looks for US May housing starts to rebound to 1.31m, up 1.9% m/m from the prior month.

Key Quotes

“Building permits are expected to decline 1.0% to a 1.35m pace. We will also hear from St. Louis Fed President Bullard who participates in a panel on "macroeconomics of price and wage-setting" at 7:00am ET at the ECB's Sintra Conference.”

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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