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.
Daily Summary: NATGAS and OIL are holding up amid the turmoil surrounding Iran and contract rollovers 💡
Bond yields highest since 2007
German Ifo stronger than expected but DE40 loses
Norges Bank raises intrest rates