On the U.S. economic calendar this week, we’ll get new figures on housing starts & building permits, existing home sales, the Conference Board’s index of leading economic indicators, and the University of Michigan’s reading on consumer sentiment. Investors will be paying close attention to the release of the minutes from the last Federal Reserve and European Central Bank meetings.
Also of note, the Financial Times reports “The ECB’s new head Christine Lagarde holds her first meeting of the governing council, its top policymaking body, on Wednesday, where she is expected to face calls for an overhaul of how the central bank decides monetary policy… and follows all this up on Friday with her first major speech since taking the helm.” Have a great week and don’t miss next week’s ISRI Market Report for a recap of the week’s key economic, trade, commodity and scrap market highlights!
