New Home Sales in the United States
The week resumes today on the economic calendar and the results calendar.
The highlight will be at 9:45 a.m. ET, as global PMIs continue to roll out with U.S. manufacturing and services surveys. The consensus on both is 52.0.
Then at 10 a.m. ET it’s new home sales and the Richmond Fed.
Perhaps the biggest factor could be a colossal $69 billion sale of 2-year notes at 1 p.m. ET. Two-year yields are just below 5% and this will be the key feature of the auction.
After the close, it will all be about profits with Tesla, Visa and Texas Instruments on the agenda.
To find out more, consult the economic calendar.
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