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U.S. Day Ahead: Housing data to show improvements in sector

Monday, June 24, 2013 - 01:40

June 24 - Analysts will be looking at key market data including New Home Sales and the S&P Case-Shiller Index to get a better grip on the U.S. housing recovery.

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I'm -- mom and here is the countdown of the top three stories you'll be talking about on Tuesday. In at number three we'll see how badly government spending cuts and a weak economy have cut into consumers' pockets. Analysts polled by Reuters estimate a slight drop in long lasting factory goods orders like refrigerators and cars compared to 3.5 percent in May. Consumer confidence seems to have bubbled back up at the end of June IFR predict a rise to 84 point three from a preliminary June reading of 82 point seven. Next to key housing numbers are set to show improvement and the recovering sector. -- MPK Shiller index seasonally adjusted for April is expected to come in at one point 2%. A rice from march's one point 1% which was the fourth straight gain over 1%. New home sales for May also come out on Tuesday Reuters poll shows 462000. Units were sold in May. Slightly more than 454000. In April. We'll see a positive housing got -- also affect Lennar earnings are your top story for Tuesday. The number three US home builder is set to see profits rise from the last quarter thanks to a recovering housing market. Fitch also affirmed its ratings for -- at double B plus reflecting the company's strong liquidity position and financial flexibility. Also reporting earnings are carnival Barnes & Noble and -- Follow us on Twitter at Reuters Insider and get more of our video that Reuters dot com slash writers TV. I'm holiday mom this is right there.

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U.S. Day Ahead: Housing data to show improvements in sector

Monday, June 24, 2013 - 01:40