03:00 PM BST, United States - New Home Sales for May:
- actual 623K; forecast 694K; previous 722K;
03:00 PM BST, United States - New Home Sales for May:
- actual -13.7% MoM; previous 9.6% MoM;

New data continues to highlight a clear problem with sales in the United States. There has been a significant increase in housing supply recently, but a lack of new buyers. While the dollar and stock indices are not reacting strongly to the data, lower timeframes show a slight weakening of the currency and declines in futures contracts.

Daily summary: Wall Street sentiment weakens amid hawkish Fed remarks ๐ฉ USDIDX at its highest level since July 24
US Open: Nasdaq tries to recover loses ๐ฝ Fair Isaac shares in panic
Wall Street: Does the S&P 500 Still Have Room to Rise?
Economic Calendar - RBA Hawkish Move and a Wave of Central Banker Speeches