US pending sales data for June was released today at 3:00 pm BST. Report was expected to show a 1.4% MoM increase in sales in June, following a 2.1% MoM drop in May. On an annual not-seasonally adjusted basis, pending home sales were expected to be 7.4% YoY lower, what would be a deeper drop than 6.6% YoY decline reported in May.
Actual report turned out to be mixed. On one hand, pending home sales increased 4.8% MoM, much more than expected by analysts. However, on an annual basis drop deepened to 7.8% YoY, deeper than expected.
However, there was no major reaction in the USD market, with EURUSD ticking slightly higher in response. This is most likely due to the fact that pending home sales are considered second-tier data, especially on the day when FOMC rate decision will be announced (7:00 pm BST).
Source: xStation5
الولايات المتحدة: تراجعات وول ستريت تتعمق
يُسلط مؤشر معنويات ولاية ميشيغان الضوء على المخاوف بشأن ارتفاع التضخم في الولايات المتحدة على المدى القصير 💡
من بناء القطاعات لتسريع النمو.. «الرميان» يكشف ملامح تحول استراتيجي للصندوق السيادي السعودي
عمومية «باركن» تقر توزيعات نصفية 11.46 فلس عن النصف الثاني 2025
