On tap for Thursday: Weekly.........>

US DATA PREVIEW: On tap for Thursday: Weekly jobless claims; Apr housing starts

and building permits; May NY Fed Business Leaders Index and Philadelphia Fed Mfg

Index.

- Mizuho sees April housing starts climbing to 6.2 from -0.3 prior in it's

latest survey, the Philadelphia Fed Manufacturing Index at 10.0 vs. 8.5 prior.

- Credit Suisse expects to see a "small increase in single-family housing starts

in April (1200k), but building permits data suggest a limited rebound.

Multifamily starts should increase more visibly, as the gap between starts and

permits has widened in recent months."

- Nomura economists said "Housing starts likely fell 0.8% m-o-m to 1130k saar

after declining 0.3% in March. We see more downside risk than upside for April's

report.