MarketWatch: Investors may have overbuilt US housing stocks as data has yet to match up with the homebuilder sector's biggest rally in five years. Housing optimists are pinning their bets on strong US job creation, low interest rates, tight housing supply, robust earnings estimates and a lack of recessionary red flags.- Reuters
Forex summary
*The ringgit gained 0.01% to 4.2917 versus the US$
*It was down 0.45% to 4.9197 versus euro
*Down 1.01% to 5.6203 per pound sterling
*Down 0.27% to 3.1328 per Singapore dollar
*Down 0.66% to 3.3523 per Aussie
*Up 0.09% to 3.8110 per 100 yen