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.
US OPEN: Wall Street declines deepens
The Michigan Sentiment Index highlights concerns about a short-term spike in U.S. inflation💡
Economic Calendar: A Calm End to the Week for Markets
Consumer sentiments fall in Germany and France amid rising energy prices