Housing starts coming up next

April US housing starts are due at the bottom of the hour and expected at 1260K compared to 1215K previously. That's a 3.7% m/m rise after a 6.8% fall in March.

Building permits are forecast at 1270K, a small uptick from 1267K in March.

The industrial production report is due at 9:15 pm ET (1315 GMT). Production is forecast to rise 0.4%.

More details are on the economic calendar.