BREAKING: Lower-than-expected US home sales, Richmond Fed slightly improved

Home sales in the USA: 4.07 million vs. 4.15 million forecasted and 4.16 million previously
Home sales year-on-year: -2.2% compared to -$0.24 forecasted and -3.3% previously
Richmond Fed: -7 compared to -10 forecasted and -9 previously

U.S. existing home sales in July hit a six-month low due to homeowners holding onto properties because of high new mortgage costs. Despite the limited inventory driving up prices for the first time since January, sales declined by 2.2% to 4.07 million units, the lowest since January. This figure was slightly below economists forecast of 4.15 million units.

Manufacturing in the US continues to struggle. The Richmond FED anufacturing Index, the next regional indicator points to a negative direction in August.

5 October 2026, 3:02 PM

BREAKING: U.S. ISM PMI for services comes in below expectations🚨

5 October 2026, 7:39 AM

💶Chart of the Day: EURUSD at Lowest Since May 2025 Amid French Fiscal Crisis

5 October 2026, 7:00 AM

Economic Calendar - Key Services PMIs for Europe and the US, and Central Bankers' Decisions

2 October 2026, 6:40 PM

Daily Summary: US100 Hits New Highs on Weak NFP 🚨

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