The U.S economy released this morning May's S&P CaseShiller 20 City monthly basis index where it fell by 0.05% from the prior revised estimate of 0.44% while markets suggested the index could show a flat reading in May.

Also May's S&P CaseShiller Composite 20 plunged on yearly basis by 4.51% down from the prior revised slump of 4.22% while markets expected a drop worth 4.50%.