US reports personal income and spending, core PCE, and pending home sales - BBH

Research Team at BBH, notes that during the North American session, the US reports May personal income and spending, core PCE, and pending home sales. 

Key Quotes

“None of these are expected to be market-moving.  Indeed, one could argue that the June jobs data next week may not have much impact on the markets either.  Bloomberg median forecast is 180k vs. 38k in May, and one could argue that it will take more than one strong number to change the increasingly dovish take on the Fed.”

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