US New Home Sales (Feb) 635 (Prev. 0.587)

The increase in US new home sales for February to 635k, up from a previous 587k, suggests a stronger housing market than anticipated.

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Suzano and Kimberly-Clark (KMB) are set to secure unconditional EU antitrust approval for a USD 3.4bln JV, according to sources

US RCM/TIPP Economic Optimism Index (May) 42.6 vs. Exp. 42 (Prev. 42.8)

US New Home Sales (Feb) 635 (Prev. 0.587)

US EQUITY OPEN: Indices extend higher as Tech names gain with US data due imminently

Fire breaks out in shopping centre west of Tehran, IRNA reports

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This improvement may imply enhanced consumer confidence and can affect expectations around economic growth, potentially influencing future monetary policy and interest rates.

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