Pivotal Week For Housing Data As Goldman Sees Broader Slowdown It’s a pivotal week for the U.S. housing market, with key June home sales data due just as the Federal Reserve enters its pre-meeting blackout ahead of the July 30 FOMC. The upcoming housing data is “the canary in the coal mine, and it’s looking queasy,” Bloomberg Economist Anna Wong wrote in a note. Existing home sales for June will be released on Wednesday, followed by new home sales on Thursday. While interest rate swaps still aren’t pricing in a 25bps cut, political pressure is mounting. President Trump has renewed… — Continue at ZeroHedge News : Read More
