Monday’s a light day for economic releases, although today’s update on consumer confidence for the Eurozone deserves close attention for deciding if the economic trend is improving on the margins. Meantime, the key release today for the US: the monthly update on existing home sales. In addition, the Chicago Fed releases its monthly measure of US economic activity. US: Chicago Fed National Activity Index (13:30 GMT) Economic news continues to point to a durable run of growth for the US in the months ahead. Housing numbers have been soft lately, but there are several bullish counterpoints, including last week’s ... (full story)