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(Bloomberg) -- Market begins to shift its focus to 2018 elections because it perceives that President Michel Temer’s govt either won’t make any effort or doesn’t have the political capital necessary to accelerate the analysis of the second charge against him in Congress, which postpones negotiations on pension reform, ARX chief economist Solange Srour says in an interview.

• "Market believes that pension reform will have to be handled by the govt to be elected in 2018, because the current one has no conditions to do it anymore"
• "Candidates, polls are already gaining more space"
• "Solution won’t come in coming months, but will come in 2019"
• Market won’t suffer because nobody was expecting the reform to pass this year
• "Fiscal issue will be an topic during elections"
• NOTE from Sept. 25: Reading of Charges Against Temer is Postponed to Tuesday: House

Original Story: ARX: Previdência fica para 2019 com desenrolar da denúncia To contact the translator on this story: Ana Carolina Siedschlag in São Paulo at asiedschlag@bloomberg.net To contact the translation editor responsible for this story: Danielle Chaves at djelmayer@bloomberg.net Reporter on the original story: Ana Carolina Siedschlag in São Paulo at asiedschlag@bloomberg.net Editor responsible for the original story: Daniela Milanese at dmilanese@bloomberg.net

--TONY AARONS

Economic Release Details: {CONCCONF Index ECOD} --VINCE GOLLE

(Bloomberg) -- Following are forecasts for today’s economic releases as compiled by Bloomberg News.

• New Home Sales 585k; range 550k to 628k (70 estimates)
• New Homes 2.5% m/m; range -3.7% to 10% (70 estimates)
• "Any near-term acceleration in sales is questionable because of the ongoing scarcity of supply. This problem will only be amplified, given the hurricanes significantly disrupted construction activity”: Bloomberg Intelligence
• August new home sales dropped 9.4 percent to 571,000 at an annual rate, the lowest of the year
• Consumer Conf. 120; range 115 to 123 (68 estimates)
• "Harvey and Irma could distort the headline, though hurricanes have not had as great of an influence on consumer attitudes as they once have”: Bloomberg Intelligence
• In August, the confidence index increased to 122.9, the second highest in 17 years
• Rich. Fed 13; range 10 to 15 (8 estimates)

To contact the reporters on this story: Chris Middleton in Washington at cmiddleton2@bloomberg.net; Vincent Del Giudice in Denver at vdelgiudice@bloomberg.net To contact the editors responsible for this story: Alex Tanzi at atanzi@bloomberg.net Kristy Scheuble

--ANDREW MARTIN