US: Focus on NAHB Housing Market Index – TDS

Analysts at Nomura point out that in today’s US session, the NAHB Housing Market Index for June is the lone data release although the market does not expect any change from last month.

Key Quotes

 “We are scheduled to hear from the Fed's Bostic and Williams, the latter of whom begins his role at the NY Fed President on Monday. Bostic will be giving his economic outlook at a 13:00 ET event while Williams' 16:00 ET speech will focus on banking culture.”