July 24, 2019
Incoming economic data - 24.07.2019
Robert Mueller will be testifying at the House judiciary committee imminently. That's likely to spark some headlines but I think the market reaction will be limited.
Economic data coming up will be a bigger factor:
- 🇺🇸 The Markit US services and manufacturing PMIs are both due at 1345 GMT. These are preliminary numbers and both expected to show small improvements from June.
- 🇺🇸 At 1400 GMT, the focus will be back on the surprisingly soft US housing market with the June new home sales report. The consensus is for a rise to 658K from 626K.
- 🇺🇸 Just after 1700 GMT, the Treasury will sell 5-year notes.
July 24, 2019, 13:04
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