The lone US economic data point for the day
The US housing market is set to climb in 2017 as credit and confidence in housing prices continues to recover from the crash.
The consensus is for a reading of 5.55m, up from 5.49m in December.
Yesterday we saw the Market PMIs having a bigger-than-usual impact on the US dollar because nothing else was on the schedule but existing home sales are a low-key indicator so I wouldn't expect a repeat.
The numbers are due at the top of the hour.