Monday, June 27, 2016
The Business Week Ahead
Post-Brexit developments will undoubtedly make for swings in what looks to be a turbulent week for the financial markets. The only U.S. data that could pick up possible early Brexit effects will be Thursday's consumer comfort index. Case-Shiller on Tuesday will offer signals on home prices which, despite gains for sales, have been slowing. Pending home sales on Wednesday are expected to extend their steady rise while a gain is also expected for construction spending on Friday. Consumer updates are also expected to be upbeat including personal income & outlays on Wednesday and vehicle sales on Friday. Friday's ISM report won't include any Brexit effects but it will offer a snap shot of the manufacturing sector going into the vote.
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