U.S. new home sales for July fall to 511,000 with expectations of 575,000 and with the previous level of 590,000. This is a decline of 12.6% m/m!
In addition, the Richmond Fed index falls to -8 with expectations of -4 and with the previous level of 0. A very weak streak of data in the U.S. during today's session.
EURUSD is back above parity.
BREAKING: Another round of inflation figures from the US – what did they reveal?
Oil declines under the weight of inventories
Economic Calendar: US PPI, jobless claims and Fed speeches to bring more insight after uneventful CPI (13.08.2026)
Daily Summary: Wall Street Gains After CPI Data 📈 Gold and EURUSD Move Lower