The latest US housing figures which include new home sales and the S&P Case-Shiller home price index both improved according to the latest readings. Home sales increased by 6.80% versus the prior months -10.00% slide. On an annualized basis, home prices tracked across 20 metropolitan areas rose at a 5.00% pace, adding to other optimistic housing figures. However, other data on the economy was not quite as promising after durable goods orders fell more than expected, contracting by -0.50% while the core figure rose a modest 0.50%, slowing versus the previous 0.60%. The data was broadly received positively by the Atlanta Federal Reserve GDP model which upgraded the second quarter outlook to 0.80%. The dollar continued to gain ground against peers as data increasingly supports higher interest rate policies just as gold sharply corrects lower on the dollar momentum higher.