US new home sales expected to rise 5.6% in August - TD Securities

FXStreet (Łódź) - Paul Fage, Senior Emerging Markets Strategist at TD Securities remarks that market attention will be focused on the US new home sales data today, following the disappointing existing home sales numbers.

Key quotes

"We look for new home sales to rise 5.6% to 435K in August."

"The rise would offset some of the weakness seen in the prior month."