Investor is selling USD. and published USD soft/mixed data and start melting USD ahead of FED rate cutting 100 bps. I think, It is time to buy Gold.
Existing-Home Sales Decreased 0.7% in August
Existing-home sales moved lower in August, according to the National Association of REALTORS®. Among the four major U.S. regions, sales improved in the Midwest, were unchanged in the Northeast, and slipped in the South and West. All four regions recorded year-over-year sales declines. Total existing-home sales1 – completed transactions that include single-family homes, townhomes, condominiums and co-ops – slid 0.7% from July to a seasonally adjusted annual rate of 4.04 million in August. Year-over-year, sales fell 15.3% (down from 4.77 million in August 2022). "Home sales have been stable for several ... (full story)
- Older Stories
In September 2023, DG ECFIN’s flash estimate1 of the consumer confidence indicator2 decreased for the second month in a row in both the EU (1.6 percentage points (pps.) down) and ...
The Conference Board Leading Economic Index® (LEI) for the U.S. declined by 0.4 percent in August 2023 to 105.4 (2016=100), following a decline of 0.3 percent in July. The LEI is ...
tweet: ECB’s Knot Says Does Not Expect a Rate Hike at Next Policy Meeting tweet: ECB’s Knot Says Comfortable with Current Interest Rates tweet: ECB'S KNOT SAYS ECB WILL STAY ALERT TO SIGNALS INDICATING INFLATION REMAINS TOO HIGH #News #Markets #INFLATION #ECB #live
- Newer Stories
We’re certainly seeing plenty of different approaches from central banks as they wrap up their tightening cycles, with the Bank of England today surprising with a hold while not ...
I am honoured to be with you at the Palais du Pharo, overlooking the historic port of Marseille, the cradle of today’s eponymous city. For thousands of years, this port has served ...
tweet: BOE GOV. BAILEY: IT’S PREMATURE TO START TALKING ABOUT RATE CUTS. tweet: BOE GOV. BAILEY: GOOD NEWS ON INFLATION PROMPTED A PAUSE IN HIKES.