HALISTER1: U.S. ECO PREVIEW: NAHB Housing Index Due in 5 Minutes

U.S. ECO PREVIEW: NAHB Housing Index Due in 5 Minutes

(Bloomberg) -- Following are forecasts for today’s U.S. economic releases as compiled by Bloomberg News:
  • NAHB 70; range 68 to 71 (33 estimates)
    • Last month’s reading was the highest since June 2005
    • "However, we still expect the April data on homebuilder sentiment to remain fairly upbeat given the recent relative strength in separate data on mortgage purchase application volume." -- JP Morgan

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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