USA - New Home Sales

Further negative news from the US overnight. New Home sales fell 12.4% in July to annualised pace of 276K, the lowest level in the series’ history dating back to 1963, and much worse than the market forecast for a flat outcome in July

Durable goods orders were also weak - they rose just 0.3% in July with expectations for 3.0% rise

AUST
Construction work done rose 3.5% in Q2 after 4.2% rise in Q1