In the US session Building Permits and Housing Starts data was published. Privately-owned housing units authorized by building permits in July were at a seasonally adjusted annual rate of 1,223,000. This is 4.1 percent below the revised June rate of 1,275,000, but is 4.1 percent above the July 2016 rate of 1,175,000. Single-family authorizations in July were at a rate of 811,000; this is unchanged from the revised June figure of 811,000. Authorizations of units in buildings with five units or more were at a rate of 377,000 in July. Privately-owned housing starts in July were at a seasonally adjusted annual rate of 1,155,000.
From Eurozone, tomorrow, only Final CPI figures will be released. No change from prelim reading is expected. In the US session Unemployment Claims, Philly Fed Manufacturing Index and Industrial Production data will be published. Analysts predict incline by 0.3% in Industrial Production, while Unemployment Claims should decline to 240,000 and Philly Fed Manufacturing Index to 18.3.
Figures to watch:
Final CPI (Thursday 11:00)
Unemployment Claims (Thursday 14:30)
Philly Fed Manufacturing Index (Thursday 14:30)
Industrial Production (Thursday 15:15)
