3:05 PM · 23 May 2024

BREAKING: US new home sales much lower than expected

US new homes sales for April came in 634 k vs 678 k exp. and 693 k previously (revised to 665 k) (-4.7% vs -2.2% exp. and 8.8% previously)

Reading shows that higher interest rates in US trim demand for new homes significantly.  Despite on that market push back the timing of the first Fed rate cut to December from November, as US PMI came in much higher, than expected especially in Services.

28 August 2026, 7:01 PM

Daily summary: Gold retreats 3% as US dollar rebounds after hawkish Warsh speech in Jackson Hole

28 August 2026, 3:23 PM

🚩 EURUSD loses 0.3%

28 August 2026, 3:05 PM

🗽 Fed chair, Kevin Warsh speech from Jackson Hole

28 August 2026, 7:19 AM

Economic Calendar: All eyes on Kevin Warsh! Will Fed Chair protect his credibility?

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