US existing home sales and CAD retail sales and CPI in focus - BBH

Research Team at BBH, notes that during the North American session, the US reports April existing home sales.

Key Quotes

“Tarullo is the only Fed speaker scheduled for today.

Elsewhere, Canada reports March retail sales and April CPI. Despite generally firm Canada data in recent weeks, CAD has been one of the worst performing of the major currencies at -4% MTD. Only AUD is worse at -5% MTD.”