Read more
3:01 PM · 22 June 2023

BREAKING: Markets muted after US existing home sales beat

US existing home sales data for May was released today at 3:00 pm BST. Data was on watch after building permits and housing starts data released earlier this week beat expectations, with starts surging 21.7% month-over-month! Existing home sales report was expected to show a 4.25 million, or 0.7% MoM decline from 4.28 million reported for April. 

However, actual data showed an unexpected 0.2% MoM increased to 4.30 million and data for April was revised slightly higher from 4.28 to 4.29 million. Markets saw little reaction to the data with USD moving slightly lower in a knee-jerk move and US indices ticking higher.

US existing home sales were little changed in May (+0.2% MoM) following a significant drop in April (-3.2% MoM). Source: Bloomberg, XTB

19 May 2026, 8:39 AM

Economic Calendar: UK Unemployment on the Rise – How Will the Bank of England React? (19.05.2026)

19 May 2026, 7:24 AM

Morning Wrap: Markets Do Not Believe Trump's Announcements (19.05.2026)

15 May 2026, 7:21 PM

Daily summary: A week closed with declines – is the market starting to fear inflation?

15 May 2026, 7:24 AM

Economic Calendar: Global Data Focus Shifts to US and Canada,

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits