Markets are digesting the latest reading on consumer sentiment, economists had expected a reading of 66.6, a slight increase over last month. US July Housing Starts fell to 1.238 million annualized, below economists expectations. The Federal Reserve remains in focus following a week of key inflation data. Chicago Fed President Austan Goolsbee will speak later today, potentially giving more insight into the possibility of an interest rate cut in September.

Takeaways:

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