1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

US: Housing market is the primary focus today - TDS

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 23, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Joined:
    Oct 7, 2015
    Messages:
    27,524
    Likes Received:
    0
    Research Team at TDS, suggests that the housing market is the primary focus of today’s data calendar.

    Key Quotes

    “The S&P Case-Shiller House Price Index is set to be released at 900 ET; TD looks for a below-consensus 0.8% m/m advance in the 20-City composite, which would represent a 5.8% gain on a year-ago basis (market: 0.85% m/m, 5.8% y/y).

    Meanwhile, existing home sales for January are expected to slow from December’s 5.46m annualized pace. We see sales falling 3.5% m/m to 5.27m, a larger decline than the median forecast for a 2.5% monthly decrease.

    Rounding out the schedule is February’s Conference Board Consumer Confidence Index; TD is in line with the market and expects the index to decline to 97.2 as recent market turmoil filters its way down into consumer sentiment.”
    For more information, read our latest forex news.
     

Share This Page