Global Economy Week Ahead: U.S. Housing Starts, Brazil Rate Decision, Eurozone PMI

After falling in April, U.S. housing starts for May are expected to show gains

In the week ahead, the U.S. will see data on housing starts and home sales, while Brazil’s central bank makes an interest-rate decision and manufacturing numbers from Europe are released.

TUESDAY: The U.S. Commerce Department releases May housing-starts data. In April, housing starts fell, dragged down by weakness in multifamily building....