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ASX to fall, Wall St tech rally slows – The Australian Financial Review

Australian shares are set to open lower, though a late rally in New York helped check earlier futures losses.

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Local: AiG performance of construction July, Housing finance June; NZ private wages ex overtime second quarter, Unemployment rate second quarter
NAB on the pending housing finance data: “In May, home loan approvals to owner occupiers fell by a sharp 10%. A collapse in housing market activity due to the pandemic has seen the flow of new credit pull back. We expect further weakness in June, with another considerable, albeit smaller, fall.”
Overseas data: China Caixin services PMI July; Euro zone…

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