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  • Existing-Home Sales Spike in July

    From realtor.org

    Existing-home sales rose strongly in July, with the median price maintaining double-digit year-over-year increases, according to the National Association of Realtors® Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 6.5 percent to a seasonally adjusted annual rate of 5.39 million in July from a downwardly revised 5.06 million in June, and are 17.2 percent above the 4.60 million-unit pace in July 2012; sales have remained above year-ago levels for 25 months. Lawrence Yun, NAR chief economist, said changes in affordability are ... (full story)

tapering
fuckering :-)
whispering
what a dissapointment news, i pray to expect more than this in FOMC NEWS!!!
well dollar will strong but so far no bounce i saw
  •  Guest
  • | IP XX.XX.31.151
tapering is on for tonight after FOMC. go USD long........................good luck
Now the market will go up for EU,GU etc.
At least 2day market respecting news in that way
....these must be cash buyers because the number of mortgage applications has reduced.
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
it should strengthen the dollar but why no reaction
mortgage applications are not deals being closed that were already in the pipeline. Rate increases got the deals done.
Ultimately< EUR will prevail over USD. USD still short?
Quoting ndayakz
it should strengthen the dollar but why no reaction
Quoting ndayakz
it should strengthen the dollar but why no reaction
Pending for further update during the FOMC Minutes.
  •  Guest
  • | IP XX.XXX.164.213
EUR should be starting its downtrend anytime now
yes big boys wanna trap buyers of dollar but before fomc dollar must be move up 30 40 pips
Quoting ndayakz
it should strengthen the dollar but why no reaction
Yes what a strong dollar , usd/chf 0.9190 !
still wait just 3 hours
Quoting ali awan
still wait just 3 hours
Why waiting ? nothing come out from FOMC today. i'm on the short side
60% of sold home were cash deals. Thats either investors or old people downsizing. Maybe they took a hit on their large home and bought a smaller one cash.
Can someone explain why gold is going up. Damn!!!
Quoting klinckphilip
60% of sold home were cash deals. Thats either investors or old people downsizing. Maybe they took a hit on their large home and bought a smaller one cash.
Read the article. There is nothing negative about it. Every metric is up and the US economy is really beginning to go.

"All-cash sales comprised 31 percent of transactions in July, the same as in June; they were 27 percent in July 2012."
The next 18 year cycle has begun
EUR Goes downtrend with 1.3370 level breakout. Wait for the FOMC Meeting Minutes to confirm. Let QE-tapering rock.
Enjoy life, fuck the rest
  •  Guest
  • | IP XXX.XXX.203.0
how come gold is holding after this???
no not holding, it went up infact....bummer
Dear goldbugs, gold is range-bound between ~1355 and 1385.
You could trade that range until a break-out, and then you will be stung.
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
Writing is on the wall guys...USD will strengthen over next few years...Euro is a dead duck waiting to be roasted...gold like any other commodity has its own mind...stick to the fundamentals...it will see you through...in the long term ;-]
oil
Quoting christian11
Can someone explain why gold is going up. Damn!!!
just enjoy free time gold enjoy buying during last week but now after fomc gold react seriously ?
Quoting jaygee
oil
oil done its fall now if fomc statement is good for dollar then oil goes up to 106 107 tomorrow we see it
Quoting jaygee
oil
I thought shale gas is knocking the bottom out of the oil market..?
Carbon-Dioxide: the gas of life! https://youtu.be/ttJBdr6eBuo
Each commodity has its own set of rules....strength of USD is only one of factors to consider...stay away unless you master the fundamentals of each class...minerals/food etc etc...and in fact each particular commodity...ouch...!!!!!!
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