Home builder sentiment rose to 16 in May from 14 in April, the highest since September last year. That’s the good news. The bad news is that break-even is 50, so we are still deeply under water.
Stocks and currencies are undissuaded with new highs seen for currencies essentially across the board save for the Yen.
1.3545 resistance is containing EUR/USD so far; more lies at 1.3660.