Analysts at TD Securities are expecting the U.S. housing starts and building permits to rebound at 0.3% and 3.1% m/m in July, respectively, following declines in the month before.

• “UMich's sentiment index likely declined modestly to a still-firm 97.0 level in August from 98.4 before. Attention, however, will be paid to the long-term inflation expectations series, which has stayed stuck at the low-end of the historical range.”