US New Home Sales MoM (Mar) M/M 7.4%
The reported 7.4% month-on-month increase in US new home sales is a notable uplift, indicating potential strength in the housing market.
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 MoM (Mar) M/M 7.4%
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 uptick may suggest positive consumer sentiment and could influence expectations for future economic growth, especially in the context of construction and related sectors. Traders should monitor how this aligns with recent trends and implications for monetary policy rates.
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