With no data releases from the UK in the rest of the week, focus remained on Brexit negotiations.European leaders have criticised the UK's offer to EU nationals after Brexit - with one senior figure claiming it could "worsen the situation" for them. European Council President Donald Tusk said the plan was "below expectations" while German Chancellor Angela Merkel said there had been "no breakthrough". Theresa May conceded there were differences between the two sides. But the prime minister said those who had "made their lives and homes" in the UK would have their rights guaranteed. She also suggested that while rights would be enforced by British courts, they could also be enshrined in international law if the agreement was included in the final treaty of withdrawal.
In the US session New Home Sales figures were released. Sales of new single-family houses in May 2017 were at a seasonally adjusted annual rate of 610,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 2.9 percent above the revised April rate of 593,000 and is 8.9 percent above the May 2016 estimate of 560,000. The median sales price of new houses sold in May 2017 was $345,800.
There will be no data releases from the UK on Monday. In the US session Durable Goods Orders figures will be published. Decline by 0.5% is anticipated.
Figures to watch:
Durable Goods Orders (Monday 14:30)
