Highlights
Another busy day for US economic reports starts with housing starts/permits and import/export prices at 8:30 am ET followed by industrial production at 9:15 am ET and consumer sentiment at 10 am ET. Starts are expected at 1.320 million units for June versus 1.177 million in May. Industrial output expected up 0.2 percent, and July consumer sentiment seen at 51.3 in early July versus 49.5 in June. That early July reading presumably would not capture the effect on sentiment of rising oil prices since the recent resumption of war in the Mideast.
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