New home sales (December):
- Value: 698k
- Forecasts: 675k
- Previous: 674k (revised from: 664k)
New home sales - m/m (December):
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Open real account TRY DEMO Download mobile app Download mobile app- Value:3.6%
- Forecasts: 1.6%
- Previous: 9.6%
New home sales are surprisingly better than expected, considering new higher yields and still high mortgage interest rates. Strong data didn't change the attitude to US dollar, which continues the appreciation after reaching local lows just before opening of the US stock market.
Source: xStation