Read more
2:01 PM · 23 July 2024

BREAKING: Richmond Fed and US existing home sales weaker than expected

-
-
Open account Download free app

US Existing Home Sales came in 3.89M vs 3.99 exp. and 4.11M previously (-5.4% YoY vs -3.04% exp. and -0.7% previously)

  • US median home price for existing homes was $426,900 (4.1% YoY rise vs June 2023)

Richmond Fed index came in -17 vs -6 exp. and -10 previously

According to new economic Poll, Fed will cut rates by 25bps in September and December, say 70 of 100 economists (vs 58 of 116 in June). 73 of 100 economists said that Fed will cut rates by 50 bps in 2024, 13 think that Fed will cut rate by 25 bps, and only 3 signal no cuts this year. Despite some 'dovish signs' from US economy, USDIDX gains 0.2% today and almost didn't react to data.

Source: xStation5

23 January 2026, 7:36 AM

Economic calendar: PMI from Europe and the US in the spotlight (23.01.2026)

22 January 2026, 6:56 PM

Daily summary: Wall Street, precious metals and EURUSD surge📈Bitcoin under pressure

22 January 2026, 7:30 AM

Economic calendar: Key U.S. data to shift focus from geopolitics (22.01.2026)

21 January 2026, 12:44 PM

Market Wrap: Wall Street and Europe lose ground; markets await Trump in Davos🛣️

Join over 2 000 000 XTB Group Clients from around the world

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