Pending home sales »

  • H.S. Borji

    Contracts to buy existing homes declined unexpectedly in December, but remained above year-ago levels for a fourth consecutive month in the latest sign the housing market was recovering in starts and stops heading into 2015. The pending home sales index, a forward-looking indicator of US home sales, declined 3.7 percent to 104.6 in December, following

  • H.S. Borji

    Contracts to buy existing homes rose faster than forecast in November, shoring up expectations the housing recovery was still in full swing following a month of disappointing home sales. The pending home sales index, a forward-looking indicator of US home sales, increased 0.8 percent to 104.8 in November, following a decline of 1.2 percent a

  • H.S. Borji

    The sale of new US homes rose in October following another downward revision in September, as the underlying trend continued to show the housing market was gaining momentum in the second half of the year. New US home sales rose 0.7 percent to a seasonally adjusted annual rate of 458,000 in October, the Commerce Department

  • H.S. Borji

    Contracts to buy existing homes edged up slightly in September, supporting expectations for a stronger pick up in housing activity in the coming months. The pending home sales index, a forward-looking indicator of US home sales, increased 0.3 percent to 105.0 in September, following a decline of 1 percent a month earlier, the National Association

  • James Boston
    Forex » Increase In US Manufacturing Activity
    James Boston - September 29, 2014, 15:46 GMT

    The Federal Reserve Bank of Dallas has published a regional update to the manufacturing sector in the form of it’s respected Dallas Fed Manufacturing Activity Survey. The September reading on this index now stands at 10.8, as a guide the August reported number was 10.5 and markets were anticipating a reading of just 7.1 this

  • H.S. Borji

    Contracts to buy existing homes declined unexpectedly in August, raising more red flags the US housing market will be slow to gather momentum in the second half of the year. The pending home sales index declined 1 percent in August to 104.7, following a downwardly revised gain of 3.2 percent the prior month, the National

  • H.S. Borji

    Contracts to buy existing homes rebounded in July, adding to the view the US housing sector was slowly emerging from a rough patch at the start of the third quarter. The pending home sales index rose 3.3 percent in July following a 1.3 percent drop the prior month, the National Association of Realtors reported today.

  • James Boston
    Forex » US Sentiment Increases
    James Boston - July 28, 2014, 15:41 GMT

    The Federal Reserve Bank of Dallas has just released it’s monthly Business Index for the July. This now stands at 12.7 compared to a June reading of 11.4, the market held an expectation of this number coming in at 12.0 for the month. Additionally, Markit Economics have published the preliminary July Purchasing Managers Index (PMI)

  • The Australian dollar edged higher Monday, trading north of 0.94 US ahead of a rate statement from the Reserve Bank of Australia. The AUDUSD climbed to an intraday high of 0.9439, before consolidating at 0.9427, advancing 0.05 percent. The trend index shows initial support at 0.9404 and resistance at 0.9443. Stronger than forecast economic data

  • H.S. Borji

    Contracts to buy existing homes surged in May, adding further evidence that home buying was increasing at a marked pace in the second quarter. The pending home sales index increased 6.1 percent in May, following an upwardly revised gain of 0.5, the prior month, the National Association of Realtors reported today. The median estimate of

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